Ripple - Intraday - We look to Sell a break of 0.803 (stop at 0.826)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Broken out of the channel formation to the downside.
Price action is forming a bearish flag which has a bias to break to the downside.
We look for losses to be extended today.
Our profit targets will be 0.741 and 0.721
Resistance: 0.840 / 0.860 / 0.880
Support: 0.820 / 0.800 / 0.780
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Broken out of the channel formation to the downside.
Price action is forming a bearish flag which has a bias to break to the downside.
We look for losses to be extended today.
Our profit targets will be 0.741 and 0.721
Resistance: 0.840 / 0.860 / 0.880
Support: 0.820 / 0.800 / 0.780
Trade closed manually:
Trade closed on expiry at Breakeven.
