Price action setup on daily chart. Looking to enter at 50% retracement of the PB if market allows it.
Background story: Have been trading these kind of classic price action (PA) setups for about 2 years, at best 40-50% win rate with 2R-3R take profit level... Most accurate setups form on daily and 4H charts. More info at LearnToTradeTheMarket.com, end of day trading is really neat, 30min a day for average 3-5R a month, not bad :)
Comments
Olu
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I agree with your trade plan here. I am waiting for some retracement too as that pin bar is massive.