Is XRP still bullish?
When we look at the xrp waves we realize that we are in a diametric where the f wave is ending.
I think we can look for sell/short trades when we reach the red box
In the red box, I expect that the last wave of this rising diametric, the g wave, will end and we will move down.
I have also specified the Invalidation Level, closing 1 daily candle above this level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
I think we can look for sell/short trades when we reach the red box
In the red box, I expect that the last wave of this rising diametric, the g wave, will end and we will move down.
I have also specified the Invalidation Level, closing 1 daily candle above this level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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