XRP EW Update 17/11/2021 A Bigger Triangle


Well it was good to be cautious in my most recent post, I did mention that the diagonal could be of the "ending" type. And today it was confirmed that it was indeed an ending diagonal, it was retraced in less time then it took to form.

So how fits that ending diagonal in the count? It's not a big change really, just a bigger triangle and the ending diagonal completed the (b) leg. Triangles are probably one of the most complex structures to count, very unpredictable.

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The (b) leg was very complex and took a lot of time, I expect a bit more downside for the (c) leg of the triangle. Then we have to monitor if the rest of the triangle forms properly. We cannot break below the (a) leg.  Hopefully today's crash is not be a big deal, just some more patience needed (and bit more frustration).

The Big picture hasn't changed, actually the count looks a bit better with a bigger triangle for Y. Needless to say the triangle trend lines are tentative. 

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That's all for now, back to counting triangle waves.

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xennevdl
xennevdl

trader / crypto investor EW specialist, counting $ES_F & $XRP no financial advice, for educational purposes


XRP EW Price Prediction by Xenne van der linde
XRP EW Price Prediction by Xenne van der linde

EW specialist, many years experience in counting waves counting XRP since the end of 2019 no financial advice, for educational purposes if you wanna support this blog you send some xrp to rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh tag 105818781

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