ETHUSD continues to decline as part of the first leg of a potential zigzag. In other words, wave A is unfolding as the impulse [1]-[2]-[3]-[4]-[5]. The corrective wave [4] may take the shape of a double zigzag (W)-(X)-(Y). The actionary sub-wave (W) and the countervailing wave (X) have already been completed. Now a sub-wave (Y) is unfolding. It may be completed near the level of 1346.56, where the sub-wave (W) ended.
Trading plan for ETHUSD today:
Buy 1252.20,
Take profit: 1346.56.
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