The ETHUSD market is forming the final leg of a large bearish zigzag, wave [C], as an impulse composed of five sub-waves (1)-(2)-(3)-(4)-(5). The first three legs of the impulse have completed, and correction (4) is currently developing as a double zigzag W-X-Y. The final motive wave Y is unfolding as a triple combination. Correction (4) should finish at a level of 2173.00, where it will be 38.2% of wave (3).
Trading plan for ETHUSD today:
Take profit: 2173.00.