XMRUSD. Will it make the textbook lie?

Monero is following the path. And textbook is saying that in a new cycle, a motive 5 waves is followed by another motive 5 waves.

How are we sure it will happen?
How do you tell a cycle is completed?
How do you buy the correction?

Thanks for your time
Cheers


Every week, for one particular cryptocurrency, in addition to the charts that I upload on TradingView, I will put the full comments and trade setup for different time frames:
- Daily on Sunday,
- 4h once a day during Asia session and
- 1h twice a day in Asia (post US) and Europe sessions.
This week 22/04/2018-28/04/2018, I propose ZRXBTC

Disclaimer:
This content is provided for educational purposes only. The Trader's Corner is not registered as an investment adviser and the information shared on the website or any other medium is not meant to be a solicitation or recommendation to buy/sell any instrument. Any trades placed based on our content are at the own risk of the viewer. Trading include risks and loss of capital. Future trading results can never be guaranteed.

Kommentar:

Monero follows the path. Nothing much to add

Kommentar:

still in play. Will post in the 1h chart this week when we have more data to confirm levels

Kommentar:

spot on. levels have been updated in the 1h time frame, but the setup was proposed.