The most recent ETHUSD chart section displays the descending corrective trend currently unfolding as a double zigzag (W)-(X)-(Y). The first two sub-waves must have completed, the motive wave (W) and the counter linking wave (X). There is forming the final wave (Y), which could be a simple zigzag A-B-C, like sub-waves (W) and (X). The bullish correction B must have completed, and the price could be declining in the final wave C to a level of 3860.00. At this level, wave (Y) will be 76.4% of wave (W).
Trading plan for ETHUSD today:
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
Go to Register with LiteForex Platform
Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission.