The XRPUSD is forming a descending corrective trend as a double zigzag. The chart displays the structure of the final motive wave (Y) unfolding as a simple zigzag, with the impulse wave A completed inside. There is developing bullish correction B as a double zigzag [W]-[X]-[Y]. Wave [W] has completed as a double combination. The linking wave [X] should soon end and the price will be rising in the [Y] wave. Wave [Y] should finish at a level of 1.052, where the B wave will be 61.8%.
Trading plan for XRPUSD today:
Buy 0.823,
TP 1.052.
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