Speculating a potential cup and handle play on XRPUSD.
Handle is still forming at this time.
Entries:
1. Enter here for 1:6 risk:reward
2. Safer entry on the retest of breakout from the neckline (yellow)
Stop loss: $0.42 (below the low of handle)
Target 1 (conservative): $0.56
Target 2 (aggressive): $0.65
Handle is still forming at this time.
Entries:
1. Enter here for 1:6 risk:reward
2. Safer entry on the retest of breakout from the neckline (yellow)
Stop loss: $0.42 (below the low of handle)
Target 1 (conservative): $0.56
Target 2 (aggressive): $0.65
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.