Higher timeframe shows that we've had a massive impulse followed by a correction. Naturally the next move should be (and most likely will be) an impulse.
The ABC correction completed with a nice descending wedge and now we are in bullish territory.
Trade Idea: - Watch for bullish price action on lower timeframe - Not anticipating price to break the bottom so stops would be safe below that level - Targets: 4.4, 6.2, actively manage the rest