The ETHUSD market continues forming the first actionary wave of the bullish standard zigzag, i.e., wave (A). It looks like a simple five-wave impulse composed of sub-waves 1-2-3-4-5. The corrective decline within sub-wave 4 has recently ended, so soon, the price may move up within sub-wave 5. Wave 5 may end around the level of 1748.00. At this level, its value will be equal to 50% of impulse 3.
Trading plan for ETHUSD today:
Take profit: 1748.00