Lets combine Elliot Wave and technival analysis. According to D1 chart price is bouncing from a long term S/R and neckline (triple top): We see also a previous WXY structure already completed. Here on H4 chart: - 0.61 fib retracement - first convergence - trendline (channel) broken and retested - H1 expanded flat Thats all, entry point and targets are shown on chart. Best regards
Trade active
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Trade still active SL almost reached, i think setup is still bearish