Elliott wave Ripple analysis 06.12.2022

The XRPUSD market continues constructing a corrective wave B. It is composed of five major waves [W]-[X]-[Y]-[X]-[Z]. Only the last sub-wave [Z] looks incomplete. It will take the shape of a double zigzag, within which the sub-waves (W) and (X) have been completed. Soon, the price rise and the formation of the final sub-wave (Y) are expected. The price may rise within a sub-wave (Y) to a high of 0.416.

Trading plan for XRPUSD today:

Buy 0.380,

Take profit: 0.416.




Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission
.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.