Placed buy order at 38.2 retracement level to take the trade to the top of the trend line and complete the structure. had a running flat correction for wave 2 so expecting a sharp correction at wave 4 here, may get the entry overnight. I do expect this to breakout of the top trend line but will wait until it does and look for a bigger move up to complete a pattern...
Looking for this to come up to my zone to look for a short position, I don't place automatic sell orders but a possible nice 3 to 1 set up here, I will wait for price to reach zone and study chart patterns before entering.
Always DYOR good luck.
Looking at this as a WXY forming on weekly chart, were currently in the Y leg down and its looking like a 5 wave move down on daily timeframes, will analyse further to look for retracement areas for short set ups along the way.