On short term 1 hr chart after forming a bullish Shark pattern priceline of XRP / US Dollar is forming bullish BAT, sofar all legs are driven as required for BAT therefore I am expecting the last leg will be retraced from 0.786 to 0.886 fibonacci and soon it will be entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.23583 to 0.23098
Sell between: 0.23710 to 0.24357
Regards,
Atif Akbar (moon333)
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.23583 to 0.23098
Sell between: 0.23710 to 0.24357
Regards,
Atif Akbar (moon333)
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