You may ask why?
We don't only have a conservative entry reason in the face of this 2618 but we can stack on it.
The (foundation of 2618 Setup) is right at Structure Low - look left on HTF (1H).
The 0.618% is right at the V of the - and our kill zone start from there.
Not to mention that on left Bottom we have a under 20 with a DIV on 2nd Bottom.
You can enter aggressively right @ 0.618 or you can look for alternative entry reason - either way you choose you'll get more than 1:1 Risk/Reward.
No matter how perfect this setup is, stops are below this and 1st Target Retest of the cycle high - you can shoot 113.30 for 2nd Target.
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