Looking at the H1 I see two senarios. Either we've had the pullback and price is heading north or it could retrace to the bottom of wave 4 which is a good confluence zone (61.8 fib) to go long. I lean towards the latter.
Note
Gotta love that .618. 50 pip bounce. Maybe getting another chance soon if you didn't enter.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.