The ETHUSD market is forming a corrective complex pattern as a triple zigzag W-X-Y-XX-Z. There is developing the bearish motive wave Y as a simple zigzag [A]-[B]-[C], with the final impulse wave [C] developing inside. Wave [C] is composed of five sub-waves of a smaller degree (1)-(2)-(3)-(4)-(5), and wave (5), namely its final sub-wave 5, is currently forming. The market should be declining in sub-wave 5 to a level of 2200.00.
Trading plan for ETHUSD today:
Take profit: 2200.00.