A tct trade setup for a long/buy trade opportunity, confluence together with a major structure of S/R giving us a 1:4 Risk to reward ratio. TP 1 based on the crt setup up to a potential 200+ pips target. Trade with care.
Comment:
If buy TCT (pending buy limit) won't hit. A pending buy stop order will be filled just above previous high and stops just below the previous low in this TF and target on a potential major structure S/R giving a good positive RRR. Caveat
Comment:
Will it hit next major structure S/R?