Green/Red lines - h1 exhaustion trading levels for the daily C point
Magenta lines - m15 exhaustion trading levels for low time-frame reactions
1.1765 is the last h1 model driven reversal point for the current daily wave down. It is also closely related to a 0.236 retracement of the previous daily wave up.
A 1.1700 test can occur but it is not a requirement for a valid long signal which should occur in the next 48 hours.
An h1 extreme candle is also about to be confirmed.
If you follow the forex chat room we post some of the low time-frame entries we take using a rule based approach in order to generate risk-free trades as soon as possible.
signals pending - attempt 2
risk free trades are a bit more relaxing
tp1 should be 2-1 RR but you guys can't take it from here
300 pips is ok for pos 2 with 3-1RR
long reaction levels
tp continuation ok
final h1 tp -> short 1830-1837
i keep getting my work erased...