Higher timeframe shows that we’ve had a massive impulse followed by a correction. Naturally the next move should be (and most likely will be) an impulse.

The ABC correction completed with a nice descending wedge and now we are in bullish territory.

Trade Idea:
– Watch for bullish price action on lower timeframe
– Not anticipating price to break the bottom so stops would be safe below that level
– Targets: 4.4, 6.2, actively manage the rest

Goodluck!