XRP/BTC - Poloniex - Key Zone Approaching.

XRP is running on news that Ripple and MoneyGram are working together. Keep eyes on the zone formed by the left shoulder and previous highs. If volume dies off in this shoulder zone be prepared for another pull back to the "Neck Line."

Kommentera:

The trend is still intact. Price is flagging out in a consolidation pattern. Look for a breakout of the flag if you didn't get in on the original entry.

Order avbruten:

This shaping out to be a short position. The Target was never reached and the trade setup never formulated. Price is moving into a stronger pull back. Will need to look at more analysis to find the next trend.