BITFINEX:XRPUSD   XRP / U.S. Dollar
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NICE XRP

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Base on the wave rules, wave 4 cannot overlap wave 1 except in diagonals.

Diagonals are never in wave 3, so therefore, I think the best way to view this move is as a Triangle correction.

Base on the placements of Triangles we can safely say we finished wave 4 and now in the 5th wave impulse.
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Slippery09 wavefxacademy
@wavefxacademy, agree, I see a lot clearer picture on the H4.
I am hoping it will pick up my orders at 1.22 but maybe it's ready to go up again!?
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Can 4 be below 1?
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santiagofalcon Slippery09
@Slippery09, in theory no but there are exceptions, meanwhile the wave 3 is not the largest could be a overlap of 1 and 4
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@Slippery09,

See alternate analysis from me in the comments
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