XRPUSD - Potential For Short Term Bearish Momentum

XRPUSD has been falling since its recent bull run. After breaking out of the falling wedge, it went straight into consolidation. This makes me believe that it ran out of bull power and may continue to sell. Now, it is in a rising channel which means it could fall here.


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Kommentera:

SL hit! I'm still bearish and will be looking for more sell setups. It's being rejected at the resistance on the top of the consolidation but we're not going to rush any trades because its Friday!