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Ripple - waiting for a price reversal before going long
XRP
Ripple - waiting for a price reversal before going long
By crocotrading
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Updated
Oct 12, 2018
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Oct 11, 2018
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.
Oct 12, 2018
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 Patterns
Elliott Wave
Fibonacci
LONG
Pitchforks
ripple
xrp
xrpusd
crocotrading
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