Zone: Demand Zone formed from daily trendline break Stack: Weekly Execution: 4h Star Pattern
Limit order. Low risk applied.***
Pros: All confirmations aligned. Price is in the key level zone. On the lower end of the trendline channel. Expecting a pull back. Pip target is low. Making it easy to hit.
Cons: Price is still in a clear down trend. Pattern formed just at the edge of the zone.