The ETHUSD market has completed the upward wave (W), which is the first leg of the large double or triple zigzag. There is unfolding the descending counter wave as a double zigzag W-X-Y. The motive wave W seems to have completed as a zigzag [A]-[B]-[C]. There is developing the linking wave X, which could also be a zigzag [A]-[B]-[C], as outlined in the chart. The X wave could end at a level of 4540.00, where it will be 76.4% of wave W.
Trading plan for ETHUSD today:
Buy 4177.76,
TP 4540.00
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