"Pulse" of an asset times Fibonacci: XRP's perfect 4.236 wave

XRP in a Picture Perfect example of an "Impulsive Wave".
Peaked at most common extension for "Wave EndPoint".
Retrace to be observed for gauge of "Trend Strength".

This is part my ongoing series to collect examples of my Methodology.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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評論:

Looks to be rejecting from the 3.618

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評論:

Possible "Double top" at the 4.236

Watching closely here, breakout could be big spike, rejection could be just as big on the way down.

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評論:

Pierced the 4.618 but pulled back immediately

I think XRP is nearing a top, perhaps to the 5.236 yet and then retrace?

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評論:

Back up against Band 3

But I would have prefered NOT piercing the 2.618, yet bounce before the 2.236 is still pretty bullish.

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