Charl13Scrutton

XRPUSD scalp idea

BITSTAMP:XRPUSD   Ripple
XRP has been very volatile, my analysis shows that the price action has been rejecting the trend line.

If we were to see a reversal here, this could form a head and shoulders formation, which could push XRP lower. Also, it is hovering over the fib level- another confluence.

This is a SCALP idea so the probability is lower, however, this could be a good move in terms of hitting our target of $1.1000

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