Nothing fancy. Divergence coupled with a new low printed followed by a retest of the .786 fibonacci retracement
. Stop is ATR + Spread above the high with TP1 being the pinbar
(structure low) and TP2 being the 1.272 extension
. Notice on the scaled out chart that we could be at the top of an ascending triangle
, so greater potential downside exists.
-Trade Smart :D