has now retraced 61,8% of the last move up and on 4H timeframe we have a nice hammer
. Now we need follow-up to confirm a possible bottom at current level.
In that matter, we should have a nice risk/reward for a trade.
Entry: 8,42-8, 44
Stop loss if we close below 8,40 on a daily timeframe
Target is set to 8,54.