tcairus

Ripple has not finished the correction of Wave 3

BITFINEX:XRPUSD   Ripple / Dollar
I think Ripple has started its Wave 4 (correction of Wave 3). A and B are done and we still need C. Probably at around 1.50. The green area could be a buy area for stagger long position. Target at around 3.8/4.0.
Komen: Ripple has entered the "green" rectangle and then bounced back. However, I think we still need to finish the 5th wave of the (C) corrective wave. It could go lower from here. Let's see.
How can I learn more about this "wave" analysis? Any books or websites you can recommend? thanks.
Balas
tcairus rocketrader
@blackbox2017, Hi, there are many books but I bought this one "Elliott Wave Principle, by A.J. Frost and Robert Prechter". Regards,
Balas
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