MMBTtrader

XRPUSD head and shoulder get complete or fall from resistance ?

BITSTAMP:XRPUSD   リップル/米ドル
Green path :(just enter if if if red zone broke)we will enter to this trade after breakout and retest that get complete and its time that head and shoulder pattern get completed too.

so that would be great entry point for us and will show us that market has power once again to reach 0.60$ or even 0.75 $ and our target is
Target :0.6 $

Red path :we may have not valid head and shoulder and market can fall easily why ?
beacuse the XRP is in Range and just have rejection from strong resistance so it can fall to its local support for now too and targets are :
A.0.40 $
B.0.35 $

here is previous analysis:
and ..

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