We have two scenarios building up here.....Our longer term view is higher but our short term bias could be more of a corrective before our big impulse move much higher. This might be a ABCDE corrective move before the long awaited impulse move higher.
If we do not get to our E wave target and price breaks above the trend line
, then we will wait for the consolidation before entry.
MANAGE YOUR TRADES, TRADE YOUR PLAN