Elliott wave Ripple analysis  09.11.2022

The XRPUSD market should be forming a bearish linking wave XX as a triple zigzag [W]-[X]-[Y]-[X]-[Z]. The first four parts of this zigzag look complete. At present, the initial part of the last actionary wave [Z] unfolds as a standard zigzag (A)-(B)-(C). Wave [Z] will end near the level of 0.301, where it will be 161.8% of wave [Y].

Trading plan for XRPUSD today:

Sell 0.382,

Take profit: 0.301.

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