Elliott wave Ethereum analysis 09.06.2023

The most recent ETHUSD chart section displays the formation of the last actionary sub-wave (Z). It can take the shape of a standard A-B-C zigzag. Impulse A and correction B have been completed. Soon expect a drop in impulse C towards the low of 1737.91. Wave (Y) has been completed earlier at this level. In the current situation, consider opening short trades.

Trading plan for ETHUSD for today:

Sell 1836.60,

Take profit: 1737.91





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
.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.