1. Overall Bullish Structure. (hl's and he's being created)
2. Daily candle Bullish.
3. Previous resistance turned support creating a new HL.
4. Bullish engulfing pattern formed in the support area as new HL.
5. 12 pip wick rejection to the downside.
6. Fib acting as an extra confluence as price rejected from 61.8%
Entry taken at 9:00 am ( London Session)
R:R Ratio 1:2
Price hit tp 2 in 1 hour 30 minutes.
2. Daily candle Bullish.
3. Previous resistance turned support creating a new HL.
4. Bullish engulfing pattern formed in the support area as new HL.
5. 12 pip wick rejection to the downside.
6. Fib acting as an extra confluence as price rejected from 61.8%
Entry taken at 9:00 am ( London Session)
R:R Ratio 1:2
Price hit tp 2 in 1 hour 30 minutes.