1-Structure Bullish on 1D TF
2- Market making HH on 4H TF
3- Market broke the Prv. HH with good momentum, currently retesting
4- As per Fibonnaci Ret- it could retest support of 50% - 61.8%
5- Taking Entry b/w 50 -61.8 pc with R:R 1:2
6- Hidden Divergence found on 1H TF
(Entry could also be when RSI touches level of 50)
7- SL below the level of 61.8
Market Structure - Bullish on 1D time Frame
on 4h Market has broken the HH with good momentum
when the market break the good level with Strong level we will wait for the retest and enter for buy entry
Sell Structure on 1D time Frame:
4h - Looking for Short Entry on retest of Fib ret. level of 50-60 pc.
Trend line touches 2 swings confirms bearish trend.
Strong rejection depicts retracement shall take place.
market Shall hit TP of R:R 1:4 on next Support Shown with Arrow from FIB ret.