Hi guys,
If you follow my XRP post since the beginning, i was recommende XRP at 0.2 or so. I was expecting XRP to touch 0.4 a little bit sooner. Everytime i work with XRP chart it seems like it takes all my lil change to understand the pattern. XRP behave a lot due to his volability.
What i see here is an expanded flat correction : d.stockcharts.com/sc..._patterns/wave18.png
.. but of course with XRP, its never like in books. I see an WXYXZ combination pattern inserted, which normally never shows in these kind of pattern. It usually go before of after. I tried my best to help you see whats next. Be aware that we can go up anytime as i expect that our major wave 2 end near 0.22 or so and we already touched it.
Remember what i said : direction cannot be bond with time. While TA gives you the most possible direction. TA cannot provide timeframe as time is independant. Thats why sometimes i post charts with 'calibration' in my title as i calibrate the count with the time. If the count is right and the chart pattern recognition is done well then target is most of the time hit but the time cannot be projected. Or else, it will be too easy right and we would be all rich right ?
Target of 0.4 still remain
If you follow my XRP post since the beginning, i was recommende XRP at 0.2 or so. I was expecting XRP to touch 0.4 a little bit sooner. Everytime i work with XRP chart it seems like it takes all my lil change to understand the pattern. XRP behave a lot due to his volability.
What i see here is an expanded flat correction : d.stockcharts.com/sc..._patterns/wave18.png
.. but of course with XRP, its never like in books. I see an WXYXZ combination pattern inserted, which normally never shows in these kind of pattern. It usually go before of after. I tried my best to help you see whats next. Be aware that we can go up anytime as i expect that our major wave 2 end near 0.22 or so and we already touched it.
Remember what i said : direction cannot be bond with time. While TA gives you the most possible direction. TA cannot provide timeframe as time is independant. Thats why sometimes i post charts with 'calibration' in my title as i calibrate the count with the time. If the count is right and the chart pattern recognition is done well then target is most of the time hit but the time cannot be projected. Or else, it will be too easy right and we would be all rich right ?
Target of 0.4 still remain
Kommentera:
still in the pattern
Trade stängt: målet nått:
target reached !!!! hope you have stacked up !!! :D
heres the new charts with count calibration :
heres the new charts with count calibration :
