As you can see on picture - classical zigzag AB=CD (potential), confluence (almost) with fibo and demand zone. SL is quite far, actually given confluence 1.128 should be good enough. TP is also quite safe for both T1 and T2. Notice yellow demand zone - there is some chances price reverse up in this zone...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.