System has identified a “618” fibonacci pullback setup as well as a "LIBRA" or inverse head and shoulders with a potential “momentum” shift market entry during the second hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R for 618 setup, 4R for LIBRA
***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
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.