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Elliott wave Ethereum analysis  22.07.2022

The ETHUSD market is forming the linking wave (X) as a triple zigzag W-X-Y-X-Z, with the final wave Z developing inside. Wave [C] of Z is currently developing as an impulse, with correction (4) completed inside as a double zigzag W-X-Y. There is forming sub-wave (5) as an impulse 1-2-3-4-5 that should finish at a level of 875.00.

Trading plan for ETHUSD today:

Sell 1567.40,

Take profit: 875.00.






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