Elliott wave Ripple analysis

8 thg 2, 2022

The XRPUSD is forming the upward linking wave XX as a double zigzag. So far, sub-waves [W]-[X] have finished, and the final sub-wave [Y] is developing as a double combination, which should finish at a level of 0.930. Once the suggested target level is reached, the downtrend will resume.

Trading plan for XRPUSD today:
Buy 0.880, Take profit: 0.930.