Hello Traders,
I have been locating a nice reversal pattern in Ripple.
Ripple broke the important falling trendline to the upside.
But the more important thing is that it has been forming an inverse head and shoulders. Once it breaks the neckline I am expecting more upside to around 0.68 areas.
This view will be valid once it breaks the neckline. Invalidation level for this view will be the right shoulder low. If this breaks lower it can keep extending lower and this view will be invalid.
Hope this helps.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
I have been locating a nice reversal pattern in Ripple.
Ripple broke the important falling trendline to the upside.
But the more important thing is that it has been forming an inverse head and shoulders. Once it breaks the neckline I am expecting more upside to around 0.68 areas.
This view will be valid once it breaks the neckline. Invalidation level for this view will be the right shoulder low. If this breaks lower it can keep extending lower and this view will be invalid.
Hope this helps.
Disclaimer: Trading is about going with the highest probability, nobody is 100% right and we need to protect ourself in case we are wrong. That is why we need to always use a stop-loss when trading. Trade with care. This my current view, and any view present is not a trading recommendation just personal view.
注释
Perfect hit, lets see whether we get a pullback now 
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。