Two potential setups. Each providing solid justification to enter.
Option 1:
We see plenty of confluence at the 55.60 area with an (i) AB=CD completion (ii) Bullish Bat pattern completion and (iii) Ratio Confluence particularly with the 161.8% Extension.
Option 2:
For a more conservative entry with little risk but potentially high reward. This also sits right on the 38.2% Fib retracment level on the Higher Time frame (Daily) so a bounce off this level is highly likely.
I've placed targets at the next structure low which provides plenty of pips for very little work. As always there are several ways we can enter and manage the trade.
Enjoy
Option 1:
We see plenty of confluence at the 55.60 area with an (i) AB=CD completion (ii) Bullish Bat pattern completion and (iii) Ratio Confluence particularly with the 161.8% Extension.
Option 2:
For a more conservative entry with little risk but potentially high reward. This also sits right on the 38.2% Fib retracment level on the Higher Time frame (Daily) so a bounce off this level is highly likely.
I've placed targets at the next structure low which provides plenty of pips for very little work. As always there are several ways we can enter and manage the trade.
Enjoy
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。