S73417H

XRPUSD Trade

Long
S73417H Updated   
Some simple Elliott Wave analysis. Take profit at $1.6 stop loss at $1 (maybe a tad higher if you are risk adverse). I'm long on this one. Bull market is in.
Comment:
Waiting for ABC correction to complete. Shouldn't be too much longer but will probably touch 50 SMA once more before a bounce.
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