Breaking out of this structure will also break out of the daily down trend so buying it is good idea.
Trade with a tested strategy. Use good MM-8.33% and take trades that has a good R/R.
Looks like a down move which would complete an abc flat.
If that structure plays out we will have a nice up impulse soon.
This is not a trade call so don't ask for entry stops or target.
Hello traders! what´s your view?