➖➖➖ Action: Buy at market price (I am in at $7842.9) Stop Loss: $7556.8 Take Profit: roughly $8200 (The 0.236 retracement of all (5) waves) Order valid: 2 hours from publication ➖➖➖ Not Financial Advice
This 5th wave is extended and is over 1.618* wave (1), so it is a highly risky option to go long now. However, there is a strong signal from RSI and MACD that there will be a strong bounce soon up to around 8200 and so I think it is worth taking the risk.