Last impulse down telling us that correction is may be completed, and starting the Wave C. This impulse breaking the Red line. If pullback will be a zigzag, we can to use this trading opportunity. The price targets marked on chart as a price labels.
Take care and have a nice day!
I think that we can to use this trading opportunity and this future move down. Now the price ended the wave b, and we waiting the first impulse down.
To be careful, we will watch and wait how the price breaking the Red line. And to enter in the first correction (pullback).
Targets marked as price markers on the chart.
Be careful and have a nice day!