Following up with the previous idea, I believe for the shorter timeframes (<30 mins), we could be possibly in the making of smaller degree ABC correction to the downside targeting ≈0.45.
Trade active:
Lingering around the 0.382 fib extension from the bottom of the last dip to the local high. I'm still expecting another dip for the completion of the C subwave for (ii) at 0.618 fib extension (≈0.468).
Trade closed: target reached:
Bullseye! 0.618 fib hit at around 0.468!
Profits taken.
Waiting for confirmation for long position entry.
Profits taken.
Waiting for confirmation for long position entry.
