Good setup Not so good risk reward ratio. But still got a try.
Wedge breakout and pull back Attention to smaller time frame long opportunity
1hr time frame: --trend line breakout. --trending up 8 EMA. --no lower low. --Day time frame demand zone.
PA + Good PL Ratio + Fib 0.5 retracement + Level Break up Pull Back
Accumulation at this level and up-trending EMA & AVWAP. Once break up, may fly.
A possible accumulation level and may move higher after break up. - Trending higher EMA - Trending higher AVWAP - A healthy trend line My SL would be around 2.008.
4hr: Fib 618 1hr: wedge break up upper area double shadow lower area demand zone
15min wedge pattern fake break down then reclaim with a demand zone + fib 0.618