it looks like we have completed a 5 wave sequense and we see a that has formed ...
here we see a close up of what's happening on the lower time frame and it does look like the wave 5 is completed and wee see a beautifull M pattern forming we are in for a sell ...
here you can see the entry and target the reason for the stopp loss are MAS (that you can't see on this chart )
and my take profit is based on the fib levels
move stop to break even and take partial profits at tp1 then then move stop to tp1 when we passed tp2 and take another part of your profits ..... happy trading everyone follow me and ask me any questions if you need 2 :D