cbistriceanu
Long

Elliot Wave completed along with the ABC correction! Where now?

BITFINEX:XRPUSD   XRP / U.S. Dollar
Here is an idea about what has happened so far and where we may be going. This is a short term trend as the analysis is made on the four hour chart!

The first Elliot Wave pattern has completed along with the ABC correction. It is very possible that we are now in the first wave move of another Elliot Wave? The volumes are picking up but we will need to see more in order to have the big impulse of wave three.



Trade active: The structure still stands and I have update the time frames on the newly published idea. We could potentially see some fireworks later on today/tonight!
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