The XRPUSD market must have completed the down motive wave Y, and the initial part of the new bullish ave is unfolding as a double zigzag [W]-[X]-[Y] in the most recent chart section. The first motive sub-wave [W] must have finished, as well as lining wave [X]. The price should be rising in the final motive wave [Y] towards a level of 0.685. The price level is defined based on the Fibonacci tools. At the indicated level, waves [W] and [Y] will be equal.
Trading plan for XRPUSD today:
Buy 0.580.
Take profit: 0.685.
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.
