you're more likely to see in an A wave,
I think, but, it offers a chance to go long
on the corrective retrace:
assuming it is in 3 basic waves.
Probably a 3-3-3- flat or maybe
a 5-3-5 .
OR the whole thing might just fall apart.
As always the may yield
more light on the trigger to enter or not.
Pretty good R and R a plus.
I could imagine, so, I'm moving stops 1 pip below recent lows @ .8213
if it takes that out the pattern will become unrecognizable to me ---
and taking half position off @ .8256 should that hit.
(and I see that I must have still been asleep when I posted last -
the entry should have been .8222 and NOT .8822)