Elliott wave Ripple analysis 13.12.2022

XRPUSD H1 chart shows the construction of a large correction B, consisting of five sub-waves. The first four sub-waves [W]-[X]-[Y]-[X] have already been completed. Now the initial part of the last sub-wave [Z] is unfolding. Wave [Z] may end near the level of 0.416, marked by the second actionary sub-wave [Y]. In the current situation, consider opening long trades.

Trading plan for XRPUSD today:

Buy 0.381,

Take profit: 0.416.

Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.

Go to Register with LiteForex Platform

Financial Trading is not suitable for all investors & involved Risky. If you through with this link and trade we may earn some commission

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.