See chart for zones of interest. Daily if we break out of the correction - wave traders would call this a completed abc flat with a short c leg. Can not rule out D Triangle setting up so watch that TL above, or C leg continuation so stop out is possible.. 240 looks Bullish with buyers in this area with a nice stop level to give an attractive near 10x R:R scenario. If the stop hits.. watch zone below for next move up option. First level goes, then trail it for profits..
Happy Trading!
Happy Trading!
