NIO is completing the 4th wave in 7 a swing sequence. Price might end up at about $23.20 area as long as we don't got below $16.48 we should see a bounce to the upside to new Highs! So we will look for Buys once we have reached the blue box area.
XRP is still in a bullish cycle, on the 4th of December 2021 it completed the last of a 3 wave correction downside, I think the end of this correction means XRP can reach new highs, thought we were expecting to end the correction at about $0.84 areas with a maximum retracement going as low as $0.60, We were not looking to exceed below our blue box area thought at...
AUDUSD is continuing the cycle to the downside with the completion of wave Y in the minute(green) degree, currently we are in a correction in wave 4 of the submicro(orange) degree of which if we do not get a double(unlikely) then we should continue lower making Lower-Lows & Lower-Highs repeatedly(about 7 swings) after of which we will see a significant bounce to...
The first point to note is the assumption I take of an impulsive cycle to the upside in the Intermediate (yellow) degree, of which we ended wave 5 at $27.74 then began a downward cycle of which we have completed the 1st leg in 7 swings and 2nd leg in 11 swings this was effected by the buying of Ronaldo giving us a 11 swings instead of the common 7 swings. however...
XRP just about completed wave 2 in the submin degree, should see this current bounce sustained or we see 1 break downward to about 0.84. the upside should see xrp going to new highs.
Completing the last leg to the downside before the continuation of the Bullish cycle to the upside.