The XRPUSD market is forming the final leg of the large triple zigzag, wave Z. The Z wave is unfolding as a double zigzag [W]-[X]-[Y], with sub-waves [W]-[X] completed inside. The final motive wave is currently developing as a triple zigzag (W)-(X)-(Y)-(XX)-(Z). The first four parts of this triple pattern have finished. There is forming the final zigzag-shaped sub-wave (Z), namely, its final impulse wave C. The Ripple price should be moving down to a level of 0.506, as outlined in the chart.
Trading plan for XRPUSD today:
Sell 0.569,
Take profit: 0.506.
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.
