Long entry here on retest of this long respected level. Weekly indicators are all in our favor for a run out of this channel and larger consolidation. 2.94 may be a sticking point.
Looking to ride wave three here for the longer term. Usual stop loss MGMT 50:50 Daily and weekly HK candle trail. Wave three may run as far as 4.62 for the 382 fib. This is a very optimistic target.
Current Market conditions may trash the trade.