Trend: Major Trend : Bullish Minor Trend : Retracement
Note: Here is my alternate EW counting for XRPUSD. If the ATH is considered Wave (III), then the current price movement looks like a triangle to form Wave (IV) in 5 abcde waves. Let's see whether the price is fluctuating in that triangle or not.
This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
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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.