XRPUSD - Correction Wave 2 in Progress

7 Feb

Trend : Uptrend
EW No.:-
Option 1: Wave WXY or
Option 2: Wave WXYXZ

Note: Currently I see a correction to form Wave 2 is in progress. This is the wave from Wave 4 to Wave 5 (Refer previous chart).

This is just my point of view. No trade recommendation. Please do your own analysis before placing any trade. TAYOR.

9 Feb

Nota

As of 8Feb2025, in my opinion, the correction is not yet finished.
If Wave (2) should have any of these waves:
1-3 waves of ABC or
2-7 waves of WXY or
3-11 waves of WXYXZ,
Then we have to wait until it finishes developing the waves.

I see the correction waves of WXY or WXYXZ are not happening. The final waves are actually ABC (3-3-5). Refer to my next updated EW marking.