BullRider802

XRP Wave Analysis - ABC correction then impulse

Long
BITSTAMP:XRPUSD   XRP / U.S. Dollar
1. ABC correction beginning, we are currently in B wave
2. VPPR indicator shows high liquidity @ the 0.5 retracement (0.199)
3. After ABC comes 12345 impulse to test range highs from May/June
4. New resistance is around 1.414 extension, along with VPVR liquidity

Long Entry: 0.1991
Stop Loss: 0.196
Trigger Price: 0.219

RR: 6.27
% PL: 10.51 (spot)

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