Pros
- Elliot wave completed, expecting an ABC correction.
- Pullback of 38.2/50.
- Support zone
- Longterm bullish.
- Downtrend.
- The last peak, may cause a divergence.
- Wait for a 38.2/50% correction of the last wave to enter the market.
- I think the position can be closed when (A) was reached, but can manage moving the stop behind the last trough to reach (C).
Comment:
I hope the new bullish impulse make a RSI divergence to make a correction of 38.2/50 to buy.