Elliott wave Ripple analysis 25.10.2022

The XRPUSD market is forming a bullish zigzag, with the first impulse wave [A] unfolding inside. The first two subwaves (1)-(2) have completed, and the Ripple price should be rising in wave (3) to a level above 0.510, the previous high, marked by subwave A, which is a part of the skewed triangle (B).

Trading plan for XRPUSD today:

Buy 0.445

Take profit: 0.510







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
.

Want to Trade Online?

Easy Trading Platform

Copy Experienced Traders

Trade from Your Pocket

Trade with Liteforex

CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.