On higher timeframes, the market began to correct at $NEAR . The decline is occurring quite sharply, which increases the likelihood of its extension both in time and in structure. The current dynamics are more akin to the formation of wave A within the larger scale correction. For aggressive entries, it is worth waiting for at least a test of the wick: this may provide an opportunity to play the rebound or, in a less prioritized scenario, a quick shakeout.