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Elliott wave Ripple analysis 14.12.2022

The XRPUSD market continues to build a major 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 0.388,


Take profit: 0.416






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