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KrystianZawistowski
Dec 16, 2017 3:50 PM
ABC 4th wave instead of failed wedge
Short
BITSTAMP:XRPUSD
60
XRP / U.S. dollar
Bitstamp
Description
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Dec 16, 2017 3:50 PM
As it seems the triangle everyone were betting on just failed. That means many of those people are going to trim their long positions soon, pushing market downwards. This should be a 4th wave ABC zigzag with target at 0.5.
Wave Analysis
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