Inverse Head & Shoulders Pattern on XRP Long

XRP / United States DollarCoinbase

Description

⋅ Oct 22, 2020 5:51 PM

COINBASE:XRPUSD

As you can see, XRP is about to confirm an Inverse Head & Shoulders Pattern the XRP/USD pair. All it needs to do, is to close above $0.26 USD. Currently it is trading at $0.2616 USD.

The Minimum Price Target would be $0.30 USD, which is calculated by adding the length of the Head of the Pattern to the Breakout Point.

Here is the definition of the pattern:

freeonlinetradingeducation.com/inverted-head-and-shoulders.html

All looking great.

I hope you find this interesting, and good luck to you.

Trade active

⋅ Nov 14, 2020 4:06 AM

Pattern confirmed. On track for higher highs.