The current structure of Ripple looks promising for a bullish move ahead of us.
The current pattern that has completed is a bullish harmonic pattern, a perfect Gartley (a high probability pattern).
If this setup is proven to be true by breaking above 1.06800 price level, we're likely to see XRP push towards 1.46209 as our initial target.
This setup will be invalidated if XRP breaks below 0.65200.
Let us know what you think in the comments.
Cheers to many pips!
The current pattern that has completed is a bullish harmonic pattern, a perfect Gartley (a high probability pattern).
If this setup is proven to be true by breaking above 1.06800 price level, we're likely to see XRP push towards 1.46209 as our initial target.
This setup will be invalidated if XRP breaks below 0.65200.
Let us know what you think in the comments.
Cheers to many pips!