The XRPUSD is forming the initial part of the potential double zigzag, sub-wave W. Sub-wave W is developing as a triple zigzag [W]-[X]-[Y]-[X]-[Z], with the final sub-wave [Z] unfolding inside as a double zigzag (W)-(X)-(Y), as outlined in the chart. The first sub-wave (W) should be a simple zigzag A-B-C. Sub-wave W should finish at a level of 0.408.
Trading plan for XRPUSD today:
Buy 0.331,
Take profit: 0.408.
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