The XRPUSD chart displays the final part of the motive wave (Y) unfolding as a triple zigzag. The final motive wave Z is developing as a standard zigzag [A]-[B]-[C], which should soon end. There is forming the final impulse wave (5) composed of sub-waves 1-2-3-4-5. The impulse pattern should end at a level of 0.240, where wave (5) will be 38.2% of impulse (3).
Trading plan for XRPUSD today:
Sell 0.330,
Take profit: 0.240.
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