Looking at monthly chart the price is bouncing from the 0.61 fib retracement and support.
We have alson an pattern completed.
On W1 chart the price is bouncing from a , broken and strong . Last formation was a "morning star".
Here on D1 chart:
- a possible forming
-EW wave 5 completed (not shown)
We can long now and look for selling opportunities at the completion.
The SL is big on D1 chart, so we can look for an entry on H4 timeframe (see below)