Elliott wave Ripple analysis 14.06.2022

The XRPUSD market continues falling. There is forming the impulse down wave [C], with the final wave (5) unfolding inside as an impulse 1-2-3-4-5, as outlined in the chart. The Ripple price should be falling in sub-waves 3-4-5 to a level of 0.240, where wave (5) will be 38.2% of impulse (3).

Trading plan for XRPUSD today:

Sell 0.307,

Take profit: 0.240.

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