Objective trade on XRP
Trying to make sense with Elliot Wave. Nothing wrong with labelling that motive wave of Intermediate degree. Now correction taking place A and B looks complete. C in the progress which should be made of 5 sub waves of minor degree. As we see wave 4 in progress. For wave 5 target at Fibonacci .618 which is also a SR level.
Usual case scenario is that after a motive wave correction falls in the wave 4 region.
Usual case scenario is that after a motive wave correction falls in the wave 4 region.
Note
just in case i have moved my stop to break even
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.