Setup Timeframe: 4H
Execution Timeframe: 1H
Risk: 2.92%
Reward: 3.98%
Reasons for Entry: See it retest to a broken resistance level then bounce back up.
Reasons for SL placement: Below the pivot level, and below the previous resistance level , and below the noise.
Reasons for TP placement: Slightly below the R1 level, and also around the previous tops.
Execution Timeframe: 1H
Risk: 2.92%
Reward: 3.98%
Reasons for Entry: See it retest to a broken resistance level then bounce back up.
Reasons for SL placement: Below the pivot level, and below the previous resistance level , and below the noise.
Reasons for TP placement: Slightly below the R1 level, and also around the previous tops.