Description
â‹… We recently saw the first wave of the impulse (which was a 5 wave impulse). We are now in the second wave, which is a corrective ABC wave.
We can still capitalise for the short term during the corrective phase.
Trade Idea:
- Watch for bearish price action at one of our sell zones
- Enter with SL just above the price rejection
- Targets: 0.75, 0.7
Let's make some quick gains.
Let us know what you think below.
Goodluck!