XRPUSD - Short
Pattern(s): Ascending Channel/Ascending Triangle
1.) Price has completely broken out of the Ascending Channel on
the Daily time frame.
2.) Price has fallen below both 89 & 8 MA on
the Daily, 4 hour, an 2 hour time frame.
3.) An Ascending triangle formed and was broken on the 4 hour time frame,
followed by a horizontal breakout of broken structure to the downside and a pullback with
a formation of an Inside Bar break down.
1.) Price has completely broken out of the Ascending Channel on
the Daily time frame.
2.) Price has fallen below both 89 & 8 MA on
the Daily, 4 hour, an 2 hour time frame.
3.) An Ascending triangle formed and was broken on the 4 hour time frame,
followed by a horizontal breakout of broken structure to the downside and a pullback with
a formation of an Inside Bar break down.
Note
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.