XRPUSD Consolidating Bull Flag

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Avatar for rafaelken1989
1 year ago

XRP has consolidated well over the weekend since attaining $0.36 high.

Its 4H chart suggesting a Flag and Pole pattern after an aggressive rising channels hit $0.36 peak then consolidation phase followed up forming the flag formation.

I'm looking for an intraday long trade setup with a risk:reward score of 2.106.

My entry will be above 2 immediate fib supports targeting FVG resistance $0.37.

Wanting to make an entry before XRP's next PoD comes in.

Original article written by me:

https://www.finlogix.com/analysis/20220912/xrpusd-consolidating-bull-flag

1
$ 0.32
$ 0.32 from @TheRandomRewarder
Avatar for rafaelken1989
1 year ago

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