Sandyman_Js

XRP/USD idea for the following week

Короткая
BINANCE:XRPUSDT   XRP / TetherUS
There appears to be a double top formation on the H4 with the possibilities of a bearish channel to the downside to my expected support zones (white horizontal lines) on the previous weeks the marked seemed to make a type of triangle pattern (in my view a symmetrical triangle) followed by a bearish engulfing, I see price retesting that support and making a move to the downside as on the current daily candlestick price appears to be rejected from becoming bullish as of writing the idea. Possible confirmations for the movement may be the position where today’s candlestick closes and tomorrow’s daily candlestick
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