Corrective wave B, which is part of the potential A-B-C zigzag, has been completed. It consists of five main sub-waves [W]-[X]-[Y]-[X]-[Z]. Soon bearish wave C will unfold as an impulse [1]-[2]-[3]-[4]-[5]. The first two sub-waves [1]-[2] have already been formed. Wave [1] serves as the leading diagonal. The bears are trying to reach the level of 0.284. In the current situation, it is possible to consider entering short trades.
Trading plan for XRPUSD today:
Sell 0.400,
Take profit: 0.284
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