Long
XRPMYR timeframe 4Hr
Nice impulsive 5 waves moving up from 20th July low.
Wave 3 high terminated exactly at 161% fib ext of wave 1, wave 4 correction at 32.8% of fib retracement of wave 3. Both are "textbook" guideline of elliott wave principle. Beakout DTL and break wave B of 4 which most likely on its way to wave 5 high. Expecting it to end between 6.37 and 7.14
Wave 3 high terminated exactly at 161% fib ext of wave 1, wave 4 correction at 32.8% of fib retracement of wave 3. Both are "textbook" guideline of elliott wave principle. Beakout DTL and break wave B of 4 which most likely on its way to wave 5 high. Expecting it to end between 6.37 and 7.14
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Disclaimer
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.