🧠From a structural point of view, all the goals of the short structure have been achieved, and the target area of this structure overlaps with the yellow support area. The overlapping area is regarded as the heaviest support area, so there is an expectation of rebound.
➡️From the perspective of wave theory, the Elliott Pulse Wave has been fully realized, and there is also an expectation of rebound.
➡️If you miss the best entry opportunity, then you can expect to participate in long trades after building a long structure near the buy zone.