Ripple - waiting for a price reversal before going long

Updated
We are entering an interesting area to think about going long again on Ripple XRP.

It looks like the corrective phase is forming a double zigzag (WXY).

I am waiting for a clear price reversal before going long.

Note
Bounce exactly on the Andrew's pitchfork.

However, I am not sure if we are in the 4th subwave or if we have done the 5 subwaves.

Anyway, I will take a a long with a small SL if we retrace 50% to 65% of the upward move the price just made.
Bullish PatternsElliott WaveFibonacciLONGPitchforksripplexrpxrpusd

Disclaimer