Price has successfully completed the ABC correction on the 2nd wave of the impulse. We are now ready for the 3rd leg which is the longest wave. Let's watch for rejection at the current trend line on the lower timeframes to enter with stop loss below last swing low. For safer entries, we can wait for price to break the counter red trend line for confirmation. Our first target is 0.6000, second target at 0.6300 and 3rd target at 0.6500. Let me know what you think in the comment section.
