Taking short position on XRPUSD
Looking at a clear Head & Shoulder Pattern on the H1 time frame
Bearish engulfing pattern on the H4 time frame
Lower highs on the H1 time frame
and a potential cross coming of the 8 and 21 Ma
entry between .37.4-.37
Sl: 0.38
target 1: 0.35
target 2: 0.34
Looking at a clear Head & Shoulder Pattern on the H1 time frame
Bearish engulfing pattern on the H4 time frame
Lower highs on the H1 time frame
and a potential cross coming of the 8 and 21 Ma
entry between .37.4-.37
Sl: 0.38
target 1: 0.35
target 2: 0.34
Trade closed manually:
Ugly dragonfly doji on H1. Closing position at entry