Ripple - waiting for a price reversal before going long

11 באוק׳ 2018

We are entering an interesting area to think about going long again on Ripple XRP.

It looks like the corrective phase is forming a double zigzag (WXY).

I am waiting for a clear price reversal before going long.

12 באוק׳ 2018

הערה

Bounce exactly on the Andrew's pitchfork.

However, I am not sure if we are in the 4th subwave or if we have done the 5 subwaves.

Anyway, I will take a a long with a small SL if we retrace 50% to 65% of the upward move the price just made.