LewisGlasgow

Ripple - Price Structure

POLONIEX:XRPUSDT   XRP / Tether USD
Interesting setup on the 15m chart for XRP/USDT with a pennant pattern, these patterns are meant to be traded as continuations... You can see this is clearly not the case as price has broken out of this area to the upside.

The main purpose of this post is to highlight the key price structure within the market, refer to this chart whether you're going long or short

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