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yakoeroe
Dec 21, 2020 4:09 PM

falling wedge Short

Ripple / U. S. DollarKraken

Description

wave 1 = retracement to the golden zone
wave 3 = retracement to the golden zone
wave 5 = you must use the Febonacci tool from wave 1 and not just the last wave.
In that case and assuming that it will also reach the golden zone, we would see the 35 cents and we have good support there too.
but there will be a stop at the 50% first.
don't panic accumulate, that's the message ;-)
this is just my opinion and not trade advice

Trade closed: target reached

target 1 reached!
do we go to the next target?
patience.... we will see if we break the 100 EMA then there is a high probability we check the 200 EMA

Comment

target 2 reached!
i think we can accumulate now i expect we go to 0.40 and if we break that than go for 0.46
0.46, there is the resistance
Comments
mrabbas
looks good
yakoeroe
@mrabbas, i hope so ;-)
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