Following yesterday move to the downside, we can look for liquidity grab at fib 0.382 and 0.5 to finish a corrective fase ending wave 4 for than a move down to finish the impulse and take the low.
Potential short entry around 26300/26500 usd and potential target 24300/24700 (25000 conservative)
Let’s see if play out
Trade closed: target reached
Entry level for the short setup reached on 7 September, price moved down to my target area. ✅ Sorry for posting this idea using my phone; I didn’t have access to my laptop during that time so the chart it’s not nice to watch.
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