Not the best long setup (as downtrend on 4H & D are still in play), however it's reinforced with a 1H demand confirmation.
Chances of success is low ~63%
2.7:1 R:R . or even 2.85:1 R:R @ 1H demand (look for 1 minute con
Chances of success is low ~63%
2.7:1 R:R . or even 2.85:1 R:R @ 1H demand (look for 1 minute con
Note
1:1 R:R will increase the odds of the 1H demand
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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.