Price action and chart pattern trading > The final 5th wave downtrend target with current ending diagonal wave > Possible minor wave 4 uptrend ABC correction estimated at 0.382 - 0.5 retracement of wave 3 within 0.01800 - 0.02000 range or SMA50 dynamic resistance. > Long Entry @ wave a or crossing SMA20 zone > Target @ estimated wave c / SMA50 zone > Stop @ wave b position > RRR: 2:1
Always trade with affordable risk and respect your stoploss