The XRPUSD is forming a descending corrective pattern as a double zigzag [W]-[X]-[Y]. The first two sub-waves [W] and [X] have finished. The final sub-wave [Y] is unfolding as a triple zigzag (W)-(X)-(Y)-(XX)-(Z), with sub-wave (Z) developing inside. The Ripple price should be moving down in sub-wave (Z) to a level of 0.514, where it will be 61.8% of the (Y) wave.
Trading plan for XRPUSD today:
Sell 0.620,
Take profit: 0.514.
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.
