Inverse H&S XRP

Mostly doing this so I can keep track of my charting and see what percent am converting at. For some intra day trading I have my targets set in the chart. If you think my chart blows please let me know. If you think its accurate give a thumbs up. Hopefully able to make a few bucks despite the current market

Commento:

I may have made the right shoulder a tad low. RSI and OBV are picking up and stoch RSI is reset on the 30 minute. Target sell has been raised as well to from 36.5 to ~36.9

Confirmation will be a candletick breakout passed the 21MA and 36.9 was pulled from 55MA on 30 minute chart

Commento:

Target hit and ran up to the 55ma. Setting up EW. New chart coming

Commento:

Mmmm learned how to target profits coming out of H&S's. Should've set much higher profit targets. Expecting a retrace to the 50% retracement which coincides with 55ma on the 30 minute chart.

Setting buy in target at ~36.2 for a bounce off.


If anyone has comments to add please feel free to comment below!