Ellio wave 1 to 5 in a down trend completed, we reached a buy zone formed a over a year ago in a daily timeframe, it should retrace to 50% fib zone. we might see a retracement back to a downtrend once it breaks so after it goes to break the structure raise your stop loss to profit.
Stop loss: 24.39
Entry : 28.10
Take profit: 54.60
All week GN has been pushing for higher highs. right now were experiencing a pull back to a major key level. Were already starting to see rejection at this level were currently at. Id say its a safe bet to place an entry as the prev. 4h high is broken and take an impulse entry.