Set up Timeframe: 4H
Execution Timeframe: 4H
Risk: 2.84%
Reward: 5.43%
Reason for entry: Rejection of area between 61.8% and 50% fib level.
Reasons for SL placement: Above previous support level and above 78.6% level.
Reasons for TP Placement: slightly above the -0.27 fib extension level.
Execution Timeframe: 4H
Risk: 2.84%
Reward: 5.43%
Reason for entry: Rejection of area between 61.8% and 50% fib level.
Reasons for SL placement: Above previous support level and above 78.6% level.
Reasons for TP Placement: slightly above the -0.27 fib extension level.
