We just finished a bearish 5 wave move so we are excpecting a pullback to at least the 50% of the bearish 5 wave move
As you can see here the ab wave of the correction have already been made but it could also be a 12 wave we are assuming that this will be a abc correction to be more conversative we are also seeing multiple confluences for the C TARGET a harmonic point D will be created the wave 3 target and the A=C and a resistance line
We are ready to buy here it rejected the 38.2 %
profit zone and stop loss stop loss :1.38640 tp1:1.39922 we will probably enter a sell once the target has been hit