Here's a detailed analysis of XRP on the hourly chart.
We clearly had five waves up ( 5 minor waves = 1 major wave up), then we saw an ABC type of correction (major wave 2 = correction). Next seemed like we are about to begin the start of the major wave 3, however, that's failed.
In order to attempt to form a major wave, we have to see another ABC correction. ...
AUDUSD finished WXY corrective structure, bearish trend to continue next, keep an eye on the price when hits bottom trend line, if it bounces back then there is a chance to WXYXZ structure.
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