DaveOfTheDay

XRP Bullish Pennant Buy/Sell Areas refined.

POLONIEX:XRPUSD   リップル/米ドル
My previous prediction of a bullish pennant seems to be holding, with a sell target in the area of $0.225 - $0.230 USD for XRP.

This chart has also got my standard trade area, and the deviation/outlier area as part of the pennant.

This area of .225-.230 would be the traditional 50% Fib retracement zone on a bearish downtrend from our last move. I would expect the price to drop after hitting this sell target area.

I am not a financial advisor. do your own research. do not trade based on my advice. you are responsible for your own decisions.
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