The ETHUSD market is forming the down linking wave (X) as a triple zigzag W-X-Y-X-Z. The hourly timeframe displays the down motive wave currently developing as a zigzag [A]-[B]-[C]. Impulse [A] and a zigzag-shaped correction [B] completed. Impulse wave [C] is unfolding with corrective wave (4) developing inside as a double zigzag W-X-Y. Wave (4) should end at a level of 2324.00, where correction (4) will retrace impulse (3) by 50%.
Trading plan for ETHUSD today:
Take profit: 2324.00.