TheSignalyst

Ripple Bomb Setup - Explosive Movement In The Making!

做多
As per my last video analysis (attached below) on Ripple, we were waiting for a third swing to form around our upper red trendline to consider it valid and then buy on its break upward.

Which is exactly what happened. Ripple formed a third swing around the red trendline so it is now valid, but it is not ready to buy yet.

we want to buyers to prove to us that they are taking over, by breaking above the upper gray area (around 0.25)

so trigger would be after a momentum candle close above the gray area.

but what is really interesting now, is that a RichBomb (orange dots) setup is formed now which adds more confluence to our buy setup in this case.

so if price breaks above the gray area, we can expect an explosive movement upward.

good luck!

This analysis is done using RichTL
www.RichTL.com

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