on 4H chart
after strong down impulse wave
now price show Elliott wave triangle correction
If we count wave correctly price should go up another leg
so we place Long position with 2RR
also in smaller time frame at 1H you can see bullish engulfing to confirm this entry
after strong down impulse wave
now price show Elliott wave triangle correction
If we count wave correctly price should go up another leg
so we place Long position with 2RR
also in smaller time frame at 1H you can see bullish engulfing to confirm this entry