Greetings dear Traders this is my analysis for XRPUSD and it is a buy position.
On the chart we can see that the price has managed for a little downtrend but it will continue to the Support Structure where we can place a buy position.
From that position we can put a buy position.
Also after the downtrend of the High it has formed a right shoulder and left from that position for a uptrend movement and forming a head and right shoulder.
You can see how the price has reacted during the time that was behind us.
Traders please make your own analysis before trading.
Please leave a like comment and follow.
Thank you
On the chart we can see that the price has managed for a little downtrend but it will continue to the Support Structure where we can place a buy position.
From that position we can put a buy position.
Also after the downtrend of the High it has formed a right shoulder and left from that position for a uptrend movement and forming a head and right shoulder.
You can see how the price has reacted during the time that was behind us.
Traders please make your own analysis before trading.
Please leave a like comment and follow.
Thank you