Elliott wave Ripple analysis 27.10.2022

The XRPUSD market completed the linking wave XX and is forming the bullish wave [A] as an impulse (1)-(2)-(3)-(4)-(5), as outlined in the chart. The first upside target is at a high of 0.509, marked by wave A, the first wave of the triangle. At the indicated level, wave 3 of (3) should finish.

Trading plan for XRPUSD today:

Buy 0.470,

Take profit: 0.509

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