We got a finished corretion , recommended to buy with sl below the low and target a new ATH
Decision time if this is a correction or bull market.
If price reaches red line this is most likely a corrective wave and bear market goes on.
If price makes a new high from here without breaking the red line its likely that bull market has started.
Adding margin long today for the last move , sl 0.408 or as tight stop 0.41
Lower timeframe we have a wedge with nice divergence
The move up has corrective sequence , i expect a drop below the last low to complete the correction and continue with uptrend after , cheers
There is a good chance the correction is complete , trying to long after the pullback on lower timeframes with invalidation level at red line and target above .80 has decent odds.
The leg up is corrective , expect another drop. Buy lower later