Based on the 1-2-3 Trading Rule, Point 1 had already happened when BHF broke out of the downtrend line. Point 2 happened when it printed a higher low. Wait for point 3 (a higher high) to enter. If held until wave 3 target is reached, this will be a 10R trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.