Elliott wave Ripple analysis 08.11.2022

The most recent XRPUSD chart section shows the development of the last sub-wave Z of a large triple zigzag. Wave Z will unfold as a standard three-wave zigzag [A]-[B]-[C]. The first wave [A] was completed as the leading diagonal. The second wave, which is correction [B], has also come to an end. Thus, shortly the price may start rising within the last impulse wave [C] towards the high of 0.511.

Trading plan for XRPUSD today:

Buy 0.428,

Take profit: 0.511.

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