Spring Setup with Asymmetric RewardDon’t be afraid of G8 — these are the setups that often deliver the highest returns with minimal risk. We may have just completed a classic spring, presenting a compelling entry opportunity.
Entry: Right now, with stop-loss tucked just below the wick of the spring.
Momentum: RSI is deeply oversold, and Stochastic RSI is also oversold with a bullish K-line cross, signaling a potential reversal.
Structure: Price has reclaimed key levels, aligning with spring mechanics and reclaim setups.
If the spring fails, keep an eye on the yearly S2 pivot at 0.840. A bullish hammer-style candle at that level would offer an even stronger setup — with enhanced reward-to-risk due to deeper liquidity and psychological support.
Long
