Ripple is moving into a wedge and although my main view is bullish, we have a very nice sell opportunity developing with price bouncing from the upper parallel of the descending channel described in the video and is now pulling back making a correction. In the video I show you two ways to trade the end of correction.
Feel free to like, comment and share your thoughts.
Have a nice weekend,
John
Feel free to like, comment and share your thoughts.
Have a nice weekend,
John
Comment:
An expected price found strong resistance at the upper parallel and although it seemed like breaking above it dropped massively to the down. Our sl below the previous pivot was at a safe level. I expect the price to reach the lower parallel where I will exit my sell trade.
