Price action and chart pattern trading setup: > This TF4H wave projection is indicating that after 5 wave correction forming A-wave now possible making a B-wave rising triangle pattern for uptrend correction. > Target @ R1 is the rising triangle target +20% upside and R2 is the bullish flag target +40%, both are the potential B-wave correction target at 0.5 and 0.618 fibonanci retracement. > Entry @ rising triangle breakout confirmation or between S1-S2 pullback zone > Stoploss @ slightly below S2 position -15% > Risk reward ratio: 1.5:1 for R1 and 2:1 for R2
Always trade with affordable risk and respect your stoploss, nothing 100%