XRP Elliott Wave technical analysis [Video]
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Elliott Wave Analysis TradingLounge.
XRP/ U.S. dollar(XRPUSD).
XRP/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave III.
Direction next higher degrees: Wave III of Impulse.
Wave cancel invalid level:
Details: Five-wave rise of wave III.
XRP/ U.S. dollar(XRPUSD)Trading Strategy:
The correction in wave II seems to be over so we focus on the five-wave rally of wave III and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
XRP/ U.S. dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
XRP/ U.S. dollar(XRPUSD).
XRP/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave III.
Direction next higher degrees: Wave III of Impulse.
Wave cancel invalid level:
Details: Five-wave rise of wave III.
XRP/ U.S. dollar(XRPUSD)Trading Strategy:
The correction in wave II seems to be over so we focus on the five-wave rally of wave III and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
XRP/ U.S. dollar(XRPUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Technical analyst: Kittiampon Somboonsod.
XRP/USD Elliott Wave technical analysis [Video]
Author
Peter Mathers
TradingLounge
Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.
