Main items we can see on the chart:
a) The price has broken a huge range and currently is making a pullback towards the structure
b) The most important question here is: Are we observing a reversal movement or just a pullback?
c) In case of a bullish scenario, we expect a movement towards 42.00
d) In case of a bearish scenario, we expect a movement towards 28.00
e) Now, we will wait for a clear ABC to trade the short scenario.
a) The price has broken a huge range and currently is making a pullback towards the structure
b) The most important question here is: Are we observing a reversal movement or just a pullback?
c) In case of a bullish scenario, we expect a movement towards 42.00
d) In case of a bearish scenario, we expect a movement towards 28.00
e) Now, we will wait for a clear ABC to trade the short scenario.