there can be two ideas currently we are at a trading range so the more probable trade is short for low of the trading range
there a also a lower probability that we are having a break out if so we should buy at the pullback . first target and 2nd one are marked in the picture
we are at the end of the third wave so its almost the start of the wave 4 so it will come down until the strong support on the former top or the lever 38.5 of fibo but after that it will rise at the end of the wave 4 and entering the fifth wave so there will be a short sell and after that a nice buying spot ....... by: nader