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PREVIOUSLY ON Ripple
The bullish 5 waves from 0.5090 were formed at 1.4151.
The corrective waves from 1.4151 were formed at 0.8582.
â WHERE WE ARE
So we have been on the bullish 5 waves since 0.8582
The yellow channel seems working well.
12 correction was simple, so 34 correction should be zigzag(rule of alternation). so far, so good.
Yesterday, the price was received by Fib38.2(1,0986) and the yellow support TL which I have drawn.
If yesterday's low,1.0634 is the beginning of the 5th wave, we'd face the bullish impulse.
If my counting is correct, 1.4151 must be broken.
On the other hand, if the yellow support is broken, we'd see a strong drop.
*As long as 0.8582 remains unbroken, this idea is valid.
đĄThe absolute principle for tradingđĄ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKEđđ» AND FOLLOW ME†IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU đ
The bullish 5 waves from 0.5090 were formed at 1.4151.
The corrective waves from 1.4151 were formed at 0.8582.
â WHERE WE ARE
So we have been on the bullish 5 waves since 0.8582
The yellow channel seems working well.
12 correction was simple, so 34 correction should be zigzag(rule of alternation). so far, so good.
Yesterday, the price was received by Fib38.2(1,0986) and the yellow support TL which I have drawn.
If yesterday's low,1.0634 is the beginning of the 5th wave, we'd face the bullish impulse.
If my counting is correct, 1.4151 must be broken.
On the other hand, if the yellow support is broken, we'd see a strong drop.
*As long as 0.8582 remains unbroken, this idea is valid.
đĄThe absolute principle for tradingđĄ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKEđđ» AND FOLLOW ME†IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU đ