XRP-Jonny

#XRP H&S Meets 0.702FIB $0.37

BITSTAMP:XRPUSD   瑞波幣


The H&S pattern measured move down is $0.22 to complete Wave 5 on the Weekly Trend line.
If XRP take out $0.55, it would invalidate the Macro Elliot Wave.

On the bright side, there are trading opportunites in the near future.

Keep your eyes peeled for $0.40 because it might touch $0.45 and retrace to $0.22.
The $0.37 resistance is at the 0.702FIB line.



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