Excellent opportunity with over 1:3 risk to reward.
I'm looking for a second entry on this move.
The measurements for a valid are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
The D point completes on a level of daily support (chart is shown below), price is currently stalling on this level and I'm expecting an aggressive reversal.
Feel free to connect with me on social media :)
I'm currently up 300 pips.