Friday's trade is running and now would be the chance to build up a long position in the current correction with SL just below day low at least when the abc correction is over.
Of course, it is possible that the abc will first complete a wave A, but this would become apparent relatively quickly and we would then have to put the SL on entrypoint of short position so that we don't lose money in the new trade.
Regards from Hannover
Stefan Bode