The XRPUSD market is forming the global double zigzag, with the final leg, wave (Y), unfolding inside as a simple zigzag A-B-C. Wave A has completed as an impulse composed of five sub-waves [1]-[2]-[3]-[4]-[5]. There is developing the beginning of the bullish correction as a double combination [W]-[X]-[Y], as outlined in the chart. The entire pattern could end at a level of 1.163, where wave B will be 76.4% A.
Trading plan for XRPUSD today:
Buy 0.791,
TP 1.163
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