Hello, everyone!
Let's continue to practice in Elliott Waves by Trading Chaos.
I found the potential long trade on XRP. We can see that global Waves 1 and 2 have already finished with the classical 1-2-3-4-5-A-B-C cycle. Now XRP is in the Wave 3.
Look inside the Wave 3
The Subwave 1 of Wave 3 have been already finished and now the price formed clearly A-B-C-D-E triangle correction. Subwave 2 have already reached the target zone and formed the full cycle. Now the price is ready to explode in Subwave 3.
The target for the GLOBAL WAVE 3 is $1.75 and now there is very nice entry point!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Let's continue to practice in Elliott Waves by Trading Chaos.
I found the potential long trade on XRP. We can see that global Waves 1 and 2 have already finished with the classical 1-2-3-4-5-A-B-C cycle. Now XRP is in the Wave 3.
Look inside the Wave 3
The Subwave 1 of Wave 3 have been already finished and now the price formed clearly A-B-C-D-E triangle correction. Subwave 2 have already reached the target zone and formed the full cycle. Now the price is ready to explode in Subwave 3.
The target for the GLOBAL WAVE 3 is $1.75 and now there is very nice entry point!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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