We can see the first actionary wave W of a projected double zigzag forming. The wave W looks like a triple zigzag [W]-[X]-[Y]-[X]-[Z], which requires sub-wave [Z] to be complete. This sub-wave can form its pattern — zigzag (A)-(B)-(C) — at around 0.464, where sub-waves [Y] and [Z] will be equal. The nearest buying target is the previous high of 0.408 formed by the sub-wave [Y]. The first impulse sub-wave (A) is expected to form at that level.
Trading plan for XRPUSD for today:
Buy 0.379,
Take profit: 0.408.

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.