In our last analysis, we identified that we were in wave 2, which is an ABC correction. We initially thought it would be a simple ABC correction but it appears we have an expanded Flat correction. We're expecting wave C now back down to wave A generation point.
Trade Idea: - Look for lower timeframe trendline break or BOS for confirmation of reversal - Enter with stops above the highs - Targets: 23, 21, 20