After completing the linking wave XX, the ETHUSD market began to decline as part of the down wave [A]. The linking wave consists of five sub-waves (1)-(2)-(3)-(4)-(5). Recently, the price stopped declining in impulse (3). Then a correction began in the bullish wave (4). Wave (4) is expected to be completed at level 2755.00. This is the high, which was marked by the corrective sub-waves [4] and 4. In the current situation, it is profitable to consider entering purchases.
Trading plan for ETHUSD today:
Buy 2621.87.
Take profit: 2755.00.
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