Hi,
Welcome to this analysis about XRPUSD, we are looking at the 2-hour timeframe perspective. XRPUSD is a currency that showing highly antyciclical movements developed over past price-action which is an important assessment therefore I discovered what are the underlying factors for XRPUSD in the next times. As it first moved into a higher overbought zone further pullbacks are not unlikely in the next times which will protract when XRPUSD completes this local triangle it is forming, when this happens XRPUSD will point to the lower back-up-cluster to stabilize and back-up anew, when XRPUSD manages a proper bounce in this zone it will be the origin of the main wave E within the wave-count testing upper zones anew.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the market.
Welcome to this analysis about XRPUSD, we are looking at the 2-hour timeframe perspective. XRPUSD is a currency that showing highly antyciclical movements developed over past price-action which is an important assessment therefore I discovered what are the underlying factors for XRPUSD in the next times. As it first moved into a higher overbought zone further pullbacks are not unlikely in the next times which will protract when XRPUSD completes this local triangle it is forming, when this happens XRPUSD will point to the lower back-up-cluster to stabilize and back-up anew, when XRPUSD manages a proper bounce in this zone it will be the origin of the main wave E within the wave-count testing upper zones anew.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the market.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Write To Join the Elite VIP Signal Channels: @Vince_Prince
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.