D7R

XRPUSD long swing

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BITSTAMP:XRPUSD   リップル/米ドル
First of All. XRP is an absolute scam with strong scamamentals and it can go to zero VERY VERY quick.

With that said Weekly TF showing signs of strength. We have underlying demand trendline now marking the initial structural weekly trend basis.

Once we have more significant impulses might have to establish news basis to respect the significant change in amplitude. Bt as of now things are looking structurally good unless that demand basis is broken.
Several high probability target ranges based on S/R are outlined.


D7R
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