Hello Traders
1. A complete expanding triangle has been formed
2. Unmitigated gap 1.81518
3. Impulsive move reaction from E wave needs to react and move towards the Gap to complete the structure.
4. Engulfing candle in the 15 min TF OR 61.8% fib retracement of E wave
Strategy: Engulfing candle 15 min/FIBONACCI retracement
Entry: 1.80660
Stop loss: 1.80400
Take Profit: 1.8500
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