One can setup a long trade once wave b completes its pullback. A wave c higher may target 1965-1978. This is for the 5 min chart.
This trade may also work for the 60 min chart since the running flat for wave b is still legit. A wave c move higher on the 60 min chart targets 2020-2040.
Stop would be set at 1908. Don't forget the 60 min chart still has 1860 and lower as a target for wave v.
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| 5 Min |
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| 60 Min |
