We should be in the weekly corrective structure which will be running or expanding flat. What I'm expecting is one more down impulse for the completion of B wave. Therefore I'm looking for short trade setups. As you can see, it got a reaction from the confluence area between and 0.272 extension and the drop can be the potential reversal impulse. That's why I placed an entry order below the bottom. My minimum target is the breaking of the previous bottom.
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Trade with care.
do you fix some profit?