The ETHUSD rate is correcting to the upside in a big wave [B]. This wave is forming as a double zigzag (W)-(X)-(Y). The current chart shows the structure of the ultimate actionary wave (Y), which looks like a simple zigzag A-B-C. The impulse wave A and its bearish correction B have been completed. The last impulse sub-wave C is currently unfolding. To be fully complete, it requires sub-waves --. They may continue developing to level 2209.00.
Trading plan for ETHUSD for today:
Take profit: 2209.00.