New Target 0.004125Updated Risk reward ratio. 1.81% risk. in danger of being stopped by bearish OB. Reads small downtrend before it reaches target.
SYLOUSD trade ideas
Grizzly Bear is waiting! POI167 pips, may still keep going. Yet new liquidity was created, will visit liquidity. POI is not easy to surpass but will, maybe not in this round. Usually after a doubt top or triple top.
Equals lows helped me determine where the bull would come into play plus other methods:
$SYLO classic head and shoulders that will form a cup and handleAs you can see in the chart the right shoulder is developing on SYLO and it eventually will form a cup and handle pattern. Targeted breakout is .0068. With price discovery on the table this one could potentially go much much higher. 300% + profit opportunity
