1. The price is at the lower border of the pitchfork drawn using points 1,2 and 3.
2. The target is at the median line. I believe the median line is valid because of multiple touches to the median line. (as shown by the arrows)
3. The SL is at a few pips below the current low providing a RRR of 9:1.
I hope this trade works out.
LONG. LONG. LONG.
2. The target is at the median line. I believe the median line is valid because of multiple touches to the median line. (as shown by the arrows)
3. The SL is at a few pips below the current low providing a RRR of 9:1.
I hope this trade works out.
LONG. LONG. LONG.