wjsharples1
Long

RIPPLE BUY OPPORTUNITY

POLONIEX:XRPUSD   Ripple / U.S. Dollar
796 2 5
Reasons to buy

- Price broken descending trendline and broken out of the triangulating bullish pattern
- Price filled the 0.6 fib retracement
- 5th Elliott Wave expected
- Price squeeze indicating volatile move soon

Targets set at 1.6 & 2 Fib extension, proven to be very accurate in the past
I like the idea, I think that the only issue is the wave count, as the top seems to have turned out to be wave 5, therefore the much bigger correction. Hoping the next impulse is a bullish one or it'll cost me!
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wjsharples1 jackjamesholmes
@jackjamesholmes, Ye, got this one terrible wrong lol. Hopefully support at 1.5 holds
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