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protechtor
Mar 20, 2018 4:45 PM

Inverse H&S Forming within a bull flag? Long

XRP / U.S. dollarBitstamp

Description

Nearing completion of right shoulder. If correct, this puts the target near .91. Many times h&s patterns do not play out, but being that it appears that there is also a bull flag forming gives this an interesting twist.

Comment

Inverse H&S pattern still playing out. Breakout above the neckline would be confirmation.

Comment

Nailed it with this one! Target of .91 exceeded... up above .96 before correcting.
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