XRP a small wave count

Updated

I don’t believe XRP will cross the previous ATH 0.21% bu is still a decent trade opportunity. Top chart includes fib, pennant and wave count. Setting SL below wave 1.

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Should stay in channel

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Not if but when?

snapshot

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It dropped out of the pennant however it has not broken previous Wave 2 retracement ( which is a good sign). SL 1.75.

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Also it has been oversold more than once in the last couple of days.

Trade closed: stop reached

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