Market just finished 1 to 5 Elliot wave and a Flat ABC correction, we are expecting to see retrace to a 50% fib zone, since we just bounced off of a strong demand zone
Indicators:
AROON: Shows strong bullish momentum
EMA: We crossed 20 EMA zone and close to crossing 50 that means we are going bullish
entry: 3.30
Invalidation: 2.82
Target: 5.99
