Elliott wave Ripple analysis 22.11.2022

In the Ripple market, the bearish impulse wave A ended, after which the upward correction B began unfolding. This correction will take the shape of a standard zigzag [A]-[B]-[C]. Impulse [A] and correction [B] are already finished. The last impulsive sub-wave [C] is currently developing. The market has completed the formation of a side wave (4) as a double zigzag. Shortly, expect a price rise within sub-wave (5) towards the high of 0.400.

Trading plan for XRPUSD today:

Buy 0.356,

Take profit: 0.400.

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