Completing the last leg Y in a WXY correction
Note - Logarithmic Chart
After a motive wave correction can land anywhere in wave 4 area. In this case of XRP .618 level of the motive wave confluence with the end of wave 4. Any confluence you find in charts is a key point in technical trading. We are in a WXY correction now correcting the A of Y as a B. Targets for B in a Zigzag is .38 or .50 of A. In a zigzag A = C Usually. So Short till 43c range. Sorry if i upset the XRP fans.
After a motive wave correction can land anywhere in wave 4 area. In this case of XRP .618 level of the motive wave confluence with the end of wave 4. Any confluence you find in charts is a key point in technical trading. We are in a WXY correction now correcting the A of Y as a B. Targets for B in a Zigzag is .38 or .50 of A. In a zigzag A = C Usually. So Short till 43c range. Sorry if i upset the XRP fans.
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