XRPUSD 201806
waiting for lower chennel meeting
waiting for lower chennel meeting
Commento:
Next resistances:
0.595, 0.636
0.595, 0.636
Commento:
With my buy zones and sell zones (where i traded and keep an eye to trade on)
Commento:
0.57 is 1.272 fib extension, that is the key point to decide whether we have an ABC correction within then downtrend or a reversal:
Commento:
watch 1.272 and 1.618, Tp for 1.618 lowered
Commento:
Sold 40% at 0.567
Commento:
Raised SL to 0.5312
Commento:
Long on XRP again 0.5308
SL 0.524
SL 0.524
Commento:
All depends on BTC defending 6427
Commento:
macro view, wave count down, V seems unfinished
Commento:
CLoser, last wave V
Target 0.465
Target 0.465
Commento:
If that plays out, keep an eye on historical supports:
0.471
0.455
0.471
0.455
Commento:
Looks weak, the wick to 0.541 could have been the top of wave II
Commento:
Hit 1.272 extension, which is typical for C of ABC, alternate count with target 0.58 would be:
Commento:
Long again at 0.528