Risk/Reward
TP1 ~ 4:1
TP2 ~ 7:1
Confluences
Macro
Weekly - Double bottom market pattern supporting above price zone 10700.0 Weekly key level and psychological level, both lows tapping into said key level.
Daily - Strong break and retest off of another key level and psychological level found on price zone 11600.0
4h - (following the trend) currently for this timeframe, the market is in a BULLISH market condition.
Micro
15m - Last week Wednesday US session zone as entry zone
5m - Bullish candle closure supporting off of said session zone for entry point.
Remarks: been waiting for the 4 hourly pullback to happen all week