XRPUSD: Aggressive Buying, When and How:

It looks like XRPUSD is preparing for a strong bullish wave.

On 8H chart we see a perfect example of a bullish accumulation:
the price sets a sequence of higher lows and respects the same highs.

0.5 is current horizontal resistance.

Wait for its bullish breakout (8H candle close above)
then buy aggressively or on a retest.

Goals will be:
0.56
0.63

in case of a bearish breakout of triangle's support,
setup will be invalid.

تعليق:

Check my new idea on EURAUD: