LEVI SHORT-TERM LONGMarket finished 1-5 Elliot wave, flat ABC correction and full 1-5 Elliot wave with XWY combination downwards, we were expecting it to bounce off of a demand zone, but it reversed earlier, R/R for this trade is way to low unless market retraces to our entry zone.
Entry: 16:76
Invalidation: 15.30
Target: 23 (50% fib zone)