we are looking for a buy entry at structure area plus the 50 percent area of the 4 hour impulsive move.
weekly pivot is acting as support and structure .
we can target a 1 to 3 risk to reward .
entry is a test of structure just below price
we have also got a trendline which could add confluence aswell.
weekly pivot is acting as support and structure .
we can target a 1 to 3 risk to reward .
entry is a test of structure just below price
we have also got a trendline which could add confluence aswell.
Comment:
WOULD MOVE MY STOP TO BREAK EVEN NOW INCASE PRICE REVERSES