System has identified a “618” fibonacci pullback setup as well as a "LIBRA" or inverse head and shoulders with a potential “momentum” shift market entry during the second hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R for 618 setup, 4R for LIBRA
***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.