Image by WorldSpectrum from Pixabay
Elliott Wave Analysis TradingLounge Daily ChartRipple/ U.S. dollar(XRPUSD)XRPUSD Elliott Wave Technical Analysis Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave III of ImpulseWave Cancel invalid level:Details: Five-wave rise of wave III
Ripple/ U.S. dollar(XRPUSD)Trading Strategy:
Overview remains in an uptrend with an impulsive rally. We are currently in the fifth wave, which is incomplete, so the price is likely to continue rising. Watch for a rebound within the uptrend.
Ripple/ U.S. dollar(XRPUSD)Technical Indicators:
The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Elliott Wave Analysis TradingLounge 4hr Chart
Ripple/ U.S. dollar(XRPUSD)XRPUSD Elliott Wave Technical Analysis Function: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: wave III of ImpulseWave Cancel invalid level:Details: Five-wave rise of wave III.
Ripple/ U.S. dollar(XRPUSD)Trading Strategy:
Overview remains in an uptrend with an impulsive rally. We are currently in the fifth wave, which is incomplete, so the price is likely to continue rising. Watch for a rebound within the uptrend.
Ripple/ 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 SomboonsodSource: Tradinglounge.comMore By This Author:Unlocking ASX Trading Success: V300AEQ ETF Units – Wednesday, Dec. 4
Elliott Wave Technical Analysis – Palo Alto Networks Inc.
Elliott Wave Technical Analysis – Nifty 50