Ripple could already be in the subwaves of gray 5. The gray descending trendline was broken and is serving as support for the correction.
In smaller timeframes, price is still making lower lows and lower highs. I´d wait for a clearer reversal in the 4H before taking long trades.
Invalidation is at 1.6134 (potential gray 4 low).
In smaller timeframes, price is still making lower lows and lower highs. I´d wait for a clearer reversal in the 4H before taking long trades.
Invalidation is at 1.6134 (potential gray 4 low).
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