Price has broken the HTF trend line and then retested it. The last move down had a .618 retracement and price is approaching another similar retracement. It looks like a possible ab=cd scenario. On a the HTF I am looking for a large move short. So target may be moved depending on HTF price action.
I am not a professional and my ideas may not be suitable to your style of trading. This is for reference only so please do not trade this chart unless it meets your own set of rules.
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