The XRPUSD continues a descending impulse wave [C] composed of five sub-waves (1)-(2)-(3)-(4)-(5). After impulse (3) completed, the market has been forming the upward corrective wave (4) as a double zigzag W-X-Y, which should finish at a level of 0.492, where wave (4) will be 50% of impulse (3). One could consider entering buy trades in the current situation.
Trading plan for XRPUSD today:
Buy 0.418,
Take profit: 0.492.
Myanfx-edu does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors.
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.
