In our last XRP analysis we mentioned that we had 2 reversal areas - one of which was the double bottom.
Price bounced off that structure level perfectly, completing the ABC correction which means... time for the next impulse!
Trade Idea:
- Enter with stops below the 61.8 fibonacci
- Target the highs as first TP, -0.27 as second TP and HODL the rest.
Price bounced off that structure level perfectly, completing the ABC correction which means... time for the next impulse!
Trade Idea:
- Enter with stops below the 61.8 fibonacci
- Target the highs as first TP, -0.27 as second TP and HODL the rest.
