Due to high volume towards the upside and multiple break of structures we looking to go up for a one more push
Completed 5th wave of Elliot wave and broke and retest from the reversal zone
Will be waiting for some wicks and rejections in that zone
This will be a potential Long idea which has not confirmed yet, however I’m hoping for it to respect the inverted triangle and go long with it after the confirmation (need a solid reversal pattern)
Wait for rejections in that grey box, if it doesn’t appear in that box and it appears below the box, it will be still valid. When you enter make sure you have 50 pips stop loss for the worst case scenario, however break even once your up by 60 pips. The final target you don’t need to change it Good luck and double check with your own analysis if you have any doubt