We will take short positions once the price breaks below the last swing low, Stop loss will be placed on the last swing high once trade is entered
Targets for correction wave are Fibs 0.32 , 0.5 and 0.618 ( Ending diagonals tend to retrace back to there starting point )
Aggressive traders can take positions if price touches the upper of the triangle
Weekly is building a pattern which will further bring confidence to this trade if the week does close with a
💡 is the key factor at breakout below
Let see how this plays, Good Luck !
Disclaimer: This is for informational purpose only, anyone taking trades using this idea will be liable of their own loss