Setup Timeframe: 4H
Execution Timeframe: 4H
Risk: 3%
Reward: 9%
Reasons for Entry: BRC of support, along with bearish Willis zone and bearish TL touch.
Reasons for SL placement: Above the bearish TL, and above the 78.6 fib level.
Reasons for TP placement: At the -0.27 fib level.
Execution Timeframe: 4H
Risk: 3%
Reward: 9%
Reasons for Entry: BRC of support, along with bearish Willis zone and bearish TL touch.
Reasons for SL placement: Above the bearish TL, and above the 78.6 fib level.
Reasons for TP placement: At the -0.27 fib level.