XRPUSD retrace watch (scalp): Ripple pullback view

22 בספט׳ 2018

Quick plot to see how the EW waves and Fibs play out.
XRP clearly had a massive spike, but we all now how such massive moves end....

22 בספט׳ 2018

הערה

Slight update to the wave structure, but still points to same target

22 בספט׳ 2018

הערה

wow, looks like XRP forming a 5 wave impulse bounce (on 1 min chart)

22 בספט׳ 2018

הערה

That was ''picture perfect'' 5 wave impulse and it might still be in wave 3...

22 בספט׳ 2018

הערה

Zooming out, I have to conclude that was an ABCDE correction (falling wedge) and not the typical ABC. I will study the waves to learn the clues this might have given (that it was an ABCDE forming)