Hi guys, we got a long opportunity right here as there were formation already of bullish engulfing
in the daily plus a breakout. Targets would be on the potential bearish
Shark/Bat 88.60% that will complete at 86.80 which is a good psych number and with that, it could also be another opportunity for us to go short. Stops could be base on the ATR on the HR
4 which is around the 30 pips times/multiply by two giving a 60 pips of risk or just below the daily candle. Since Risk:Reward ratio wise with 60 pips of risk for at least 200 to 240 pips of reward giving me a good 1:4 RR.