XRPLong
XRPUSD - Correction Wave 2 in Progress
Trend : Uptrend
EW No.:-
Option 1: Wave WXY or
Option 2: Wave WXYXZ
Note: Currently I see a correction to form Wave 2 is in progress. This is the wave from Wave 4 to Wave 5 (Refer previous chart).
This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
EW No.:-
Option 1: Wave WXY or
Option 2: Wave WXYXZ
Note: Currently I see a correction to form Wave 2 is in progress. This is the wave from Wave 4 to Wave 5 (Refer previous chart).
This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.
Note
As of 8Feb2025, in my opinion, the correction is not yet finished.
If Wave (2) should have any of these waves:
1-3 waves of ABC or
2-7 waves of WXY or
3-11 waves of WXYXZ,
Then we have to wait until it finishes developing the waves.
I see the correction waves of WXY or WXYXZ are not happening. The final waves are actually ABC (3-3-5). Refer to my next updated EW marking.
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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.