**XRP Elliott Wave Correction Scenarios:**
🔹 **Wave 2 Corrections:**
- **Zigzag (5-3-5):** Sharp drop, retracing **61.8-78.6%** of Wave 1. 🚀
- **Flat (3-3-5):** Sideways chop, retracing **38.2-61.8%** (watch for expanded flats). 📉
- **Running Flat:** Bullish signal if C-wave **fails to break A**. ⚡
🔹 **Wave 4 Corrections:**
- **Triangle (A-B-C-D-E):** Common for Wave 4, **38.2% retracement** of Wave 3. 🔺
- **Flat or Complex:** Sideways structure before Wave 5 breakout. 📊
Key levels: Watch **Fib zones + structure** for the next move! 🚀
🔹 **Wave 2 Corrections:**
- **Zigzag (5-3-5):** Sharp drop, retracing **61.8-78.6%** of Wave 1. 🚀
- **Flat (3-3-5):** Sideways chop, retracing **38.2-61.8%** (watch for expanded flats). 📉
- **Running Flat:** Bullish signal if C-wave **fails to break A**. ⚡
🔹 **Wave 4 Corrections:**
- **Triangle (A-B-C-D-E):** Common for Wave 4, **38.2% retracement** of Wave 3. 🔺
- **Flat or Complex:** Sideways structure before Wave 5 breakout. 📊
Key levels: Watch **Fib zones + structure** for the next move! 🚀
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.