Elliott wave Ripple analysis 19.11.2021

The XRPUSD market continues forming the large linking wave (X) as a triangle, with sub-waves A-B-C-D completed inside. The final leg of the D wave, sub-wave [C], has completed as an impulse (1)-(2)-(3)-(4)-(5). The Ripple price should be rising in the final sub-wave E, which could finish as a simple zigzag at a level of 1.325. One could enter purchases in the current situation.

Trading plan for XRPUSD today:

Buy 1.035, TP 1.325

LiteForex: Elliott wave analysis BTCUSD, XRPUSD and ETHUSD today (19 November 2021) | LiteForex
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