We have a double top formation signaling a downtrend. I feel like we can collect a quick 200 pips. How do you guys feel about this? I’ve recently started studying double top formations so any tips or comments or constructive criticism is welcomed.
I’ve been studying head and shoulder chart patterns and believe xrp will correct this huge uptrend Down to about the .26 level before shooting up once more for a push to break the .30 level. Short term bear on 4h but long term bullish on all proceeding time frames. What do you guys think?
