I went long at the bottom of this corrective channel that I think we could be in.
It is of course possible that we go frurther down to test that lower triangle (red arrow) so my SL is tight on this one!
Targets at previous structure levels, the 1200 round number and the last one is either at completion of a or at the upper triangle .
I'm hoping it's the one that brings us all the way up where alot of people are saying it will go! Great R/R in any case on this one so it's worth a try imo!
Part of a possible short trade on a possible bat/trendline bounce is on the chart too, I will post il later if we get closer...
Smaller timeframe harmonics made me put my stop at 1143 (below 1.618 ext. of previous down move (5M chart), so your short term long should be OK I think.
After that it's wait and see, we could just go straight down to that lower trendline, therefor tight stop on the higher timeframe.