Place BUY LIMIT at 113.550 which is the proper H4 DZ and just above the 38.2 Fibonacci Level as well as the most recent swing low.
TP at 114.550 (100 pips) and SL at 113.050 (50 pips), giving a potential reward of 2R.
TP at 114.550 (100 pips) and SL at 113.050 (50 pips), giving a potential reward of 2R.
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Disclaimer
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.