imustafa82
Long

Inverse h and s for a trade in this channel.

BITSTAMP:XRPUSD   XRP / U.S. Dollar
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I like the look of this inverse head and shoulders pattern.
Looks like were putting in a nice double bottom on 15 min for right shoulder.
We can see a number of sellers exiting there positions in xrp shorts, we need going to need some buyers to break the downtrend, if we do then next major hurdle is .40 cents.
I see this as the last major resistance from last selloff, will see a nice bull run if we can do this.

Trade closed: target reached
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