Friday, January 4, 2019

Ripple #XRPUSD Targets 0.8700 - 1.2000

XRPUSD made a sharp move from 0.2464 to 0.8000. Topped on 0.8000 dated September 11, 2018, now XRPUSD is trading inside a triangle. As per Elliott Wave theory the sharp move towards 0.8000 has clear character of Wave A.

On going correction with in a triangle seems abcde triangle. Elliott Wave tells wave B could be triangle too. If our count remain valid then very soon we will be bulls rally towards 0.8700-1.2000 level.

Trade Idea Long XRPUSD. Target 0.8700-1.2000
Invalidation level. 0.2800.

XRPUSD #Ripple Daily: Elliott Wave Analysis 
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USDCHF Technical Analysis - Sell at 0.9955

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