Price action and chart pattern trading > Wave C correction projection - Wave 3 impulse downtrend extended 1.618 of its Wave 1 > Expecting a retrace to Wave 4 Zigzag uptrend targeting at 0.386 of Wave 3 > Based on the current downtrend wave, the C correction should end at 0.5 zone of Wave A at 0.00000500 zone.
> Opening Long Trade at BREAKOUT of downtrend line of wave 2 and upcoming wave 4. > Stoploss at the lowest wave C position > Target zone between volume profile point of control and SMA200 | 0.00002500 - 0.00003000
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