Setup Timeframe: 4H
Execution Timeframe: 4H
Risk: 2.86%
Reward: 4.06%
Reasons for Entry: Bouncing off a bullish 61.8% level, also did break through a bearish TL recently.
Reasons for SL Placement: Below the 78.6% level.
Reasons for TP Placement: At the -0.27 fib extension level.
Execution Timeframe: 4H
Risk: 2.86%
Reward: 4.06%
Reasons for Entry: Bouncing off a bullish 61.8% level, also did break through a bearish TL recently.
Reasons for SL Placement: Below the 78.6% level.
Reasons for TP Placement: At the -0.27 fib extension level.