The XRPUSD market is developing the large linking wave (X) as a contracting triangle A-B-C-D-E. The first three legs of the triangle should have completed, and there is developing the fourth sub-wave of the pattern, the down wave D, as a double zigzag [W]-[X]-[Y]. The motive wave [Y] should conclude the D wave. The (C) should soon conclude the [Y] wave. When the (C) wave completes, the market should start rising in the final wave E to a level above 1.085, marked by correction (B).
Trading plan for XRPUSD today:
Buy 1.036, TP 1.085
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.
