Get started
AzrulAzir

XRPUSD double fibonacci pattern

Long
XRP / TetherUS PERPETUAL CONTRACT (BINANCE:XRPUSDT.P)  
AzrulAzir  
BINANCE:XRPUSDT.P   XRP / TetherUS PERPETUAL CONTRACT
Trend Analysis Harmonic Patterns Chart Patterns xrpusd XRPUSDT xrpusdanalysis xrpusdbuy ripple rippleusd ripplelong
22
0
trendanalysis harmonicpatterns chartpattern xrpusd xrpusdt xrpusdanalysis xrpusdbuy ripple rippleusd ripplelong
XRP perform a nice bullish wave at previous analysis and still follow fibonacci rules.
We have 2 setup here :

Setup 1 :
ABCD pattern with entry at $0.6021
Stoploss at $0.5616
Target at $0.8333
Risk reward ratio : 6.78

Setup 2 :
Harmonic pattern with entry at $0.6021
Stoploss at $0.5661
and target at $0.7177
Risk reward ratio : 3.44

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.