I can see a possible ABC on the daily chart. Within the C down can we see a complete elliott wave down? If yes, I'd like to trade the Wave 5 down I call this The Setup 1.
Entry Level: 1.1905 Stop Loss Level: 1.1975 Target 1 is the bottom of wave 3 around 1.1844 Target 2 is the fib 62% @ 1.1737
It could still be that the down move that faked-out was a B down...
We might still see a 5 down