Elliott wave Ripple analysis  03.02.2023

Wave [Y] is unfolding as a zigzag (A)-(B)-(C). Wave (A) is the leading diagonal, as sideways correction 4, which has the shape of a double three, went below the end of sub-wave 1. Shortly expect the development of the last sub-wave 5, the price of which may rise to the level of 0.470. A possible price movement is shown in the chart.

Trading plan for XRPUSD today:

Buy 0.410,

Take profit: 0.470.

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