Zones are identified. Recommend moving stoploss to entry after tp1.
You should also consider to stop this trade if a breakout occurs on the downtrend line.
BCHM19 futures contract can be traded according to this trade setup.
The marked double bottom can also be used as a target because we can see that the momentum is decreased after the waterfall from 0.054 to 0.04955.
The zone betweeen the Fibonacci level 0.618 and 0.65 is a strong support. We are now testing it.
Trade closed manually:
Trade was closed at breakeven stop.