Gann Square works perfect on XRPUSD, just take a look on my earlier posts from April month. Alright I did som small adjustments after the first post but it is the same technique still. It helped me to anticipate wave 3., wave 4. and now maybe wave 5. (??).
The Forecast is simpel: I will go long as soon as it hits the next arc. TP = 0.40774$. We also have support from the global trend line and the 0.886 fibonacci level from the last wave.
When to go short: 3. July (Almost all of my work says the Crypto will turn over arround this day..)
Meanwhile I'm short. Especially now when it crossed thrue the arc midway of the descending path.
The Forecast is simpel: I will go long as soon as it hits the next arc. TP = 0.40774$. We also have support from the global trend line and the 0.886 fibonacci level from the last wave.
When to go short: 3. July (Almost all of my work says the Crypto will turn over arround this day..)
Meanwhile I'm short. Especially now when it crossed thrue the arc midway of the descending path.
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How you find the 0.886 Fibonacci level:
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**When to go LONG: 3. July (Almost all of my work says the Crypto will turn over arround this day..) **
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Current situation: First Arc hit on this idea, but in this case the lower points are not aligned 100% with the arcs.
By latest idea provides this:
By latest idea provides this:
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Right now, I think this idea is more accurate on what will happen next. I think is gambling to stay short, rather than long. I'll post a long idea very soon.
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Here is my long idea:
