- 4H 38.2 rejected, sellers exhaustion on 4H, Daily support (confluence) rejected
- Potential inverse H&S forming on H4, with bullish reversal candlesticks on the Daily timeframe
- Target 1 is -27.2 fib based off of the 4H
- Target 2 is -61.8 fib based off of the 4H
Risk reward = > 4 to 1
Risk management = .30 per $1000
- Potential inverse H&S forming on H4, with bullish reversal candlesticks on the Daily timeframe
- Target 1 is -27.2 fib based off of the 4H
- Target 2 is -61.8 fib based off of the 4H
Risk reward = > 4 to 1
Risk management = .30 per $1000