finsIe

XRPUSD Down Move Before Bigger Up

Short
Hello traders,

I am expecting a 123 flat to be finished at the .294 area before getting another move down or not going back down at all, but just reversing back into an up trend. Expect a small down move first to bounce or slightly break the previous low before getting the wave up.
Note: In one of my previous posts I expected the up move to complete the flat to start already, but price action is showing that we will more likely get 1 more small down first.


If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to follow, I will be posting forecasts & trade setups daily.

Thank you,
Good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.