Elliott wave Ripple analysis 17.07.2023

Ripple is forming the final wave [Z] of a large triple zigzag. Wave [Z] is unfolding as a standard zigzag. The last impulse sub-wave (C) is required for its completion. Sub-waves 1-2-3 have been completed inside the impulse (C). Complex correction 4 is unfolding as a double zigzag. It will end near the low of 0.666.

Trading plan for XRPUSD today:

Sell 0.751, Take profit: 0.666







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