The real trade here is to wait and see if we can get down to my buy zone. if we do then we have a great candidate for a larger degree 1/2.
I like your attention to multiple factors such as the historic resistance at 0.29, ema and high time frame pattern. good stuff.
your right its hard to get a feel without your chart, how much rep do you need to post one?
i'll show you what i'm seeing:
i've followed you so that should give you some rep. if you do manage to post that idea ill give it a like too, let me know.
no wave 3 is longer than wave 1, its actually 200% the length of wave one. but i know what you mean, it don't look like it on the chart.