XRPUSD completed its 5-wave move up, signalling a correction.
Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.
Wait for confirmation on retest on top of channel or at swing-failure.
I should've placed the "5" at the previous top, making this a Broadening Zigzag correction
Broadening distribution channel paired with a bearish divergence on the top. Might push one time higher.
Wait for confirmation on retest on top of channel or at swing-failure.
I should've placed the "5" at the previous top, making this a Broadening Zigzag correction
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.
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.