XRPUSD 201806

XRPUSD 201806
waiting for lower chennel meeting

Komen:

Sold 50% on 0.55
Long again at 0.528

Komen:

Next resistances:
0.595, 0.636

Komen:

With my buy zones and sell zones (where i traded and keep an eye to trade on)

Komen:

0.57 is 1.272 fib extension, that is the key point to decide whether we have an ABC correction within then downtrend or a reversal:

Komen:

watch 1.272 and 1.618, Tp for 1.618 lowered

Komen:

Sold 40% at 0.567

Komen:

Raised SL to 0.5312

Komen:

Long on XRP again 0.5308
SL 0.524

Komen:

All depends on BTC defending 6427

Komen:

macro view, wave count down, V seems unfinished

Komen:

CLoser, last wave V

Target 0.465

Komen:

If that plays out, keep an eye on historical supports:

0.471
0.455

Komen:

Looks weak, the wick to 0.541 could have been the top of wave II

Komen:

Hit 1.272 extension, which is typical for C of ABC, alternate count with target 0.58 would be:

Komen: