i could get a second corrective leg, ik. but i have enough indication in price to place a valid buy trade with a valid sl under true structure thats very close to my entry area. uptrend with buy price action. perfect.
also i see its in the first down wave after the fifth wave up. i expect it to come down to green line or close to it. at least come back into the area that left over 5 wicks. important because that area for me was the equilibrium of the current vector in trade idea. its at the top of it showing everything i need to see to place a buy trade. including a strong low and a few more lows right together. im looking for sell soon as it moves about 60 pips above last high. basically break and retest trade.
also i see its in the first down wave after the fifth wave up. i expect it to come down to green line or close to it. at least come back into the area that left over 5 wicks. important because that area for me was the equilibrium of the current vector in trade idea. its at the top of it showing everything i need to see to place a buy trade. including a strong low and a few more lows right together. im looking for sell soon as it moves about 60 pips above last high. basically break and retest trade.