First, we need to mention that this is an idea and no specific guidance. The first observation is that the market makes HH and HL so we can state that we are in an uptrend. From a wave analysis perspective, we observe a wave 1 followed by the second wave which by the theory is defined as a corrective way with a form of ABC running flat. Moreover, we observe a large expansion upwards which makes us assume that this is wave 3. Now we should expect a corrective and the zone that iwe choose to highlight is because we observe confluence with an order block fibo 0,618 and 200 MA. Another crucial fact is that we observe MACD continuation and our expectation is that after the touch in confluence zone we should expect first to create a new HH as a first target and as the second target we should take into consideration the metrics of wave 5 according to Elliott wave theory.