RSI indicates divergence which may be interim low. Yesterday the price fell sharply, stopped at 1.27550 support level and formed a little pinbar on 4H. I am not sure about the wave count but feels like we may have a relief bounce hence this buying opportunity. As this is a countertrend move I am entering with buy stop order and putting a tight SL. If price continues to jiggle not moving up I will close the position.
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⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
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📏 Chartopedia, with examples of applying ElliottWave to real world charts