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

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