ENTRY
– line marked is potential reversal zone ( PRZ)
– entry is strictly inside the zone
– look for buying confirmation in smaller time frame ( 15 minutes preferred )
EXIT
1. target
– mark fib retracement from C to latest swing low
– TGT 1 – 0.236
– TGT 2 – 0.382
– TGT 3 – 0.5 ( preferred target )
2. SL
– candle close below (PRZ)
– if candle close is below zone , this pattern becomes invalid . IGNORE THIS PICK
– RE-ENTRY can be done , if u again get buying confirmation inside the zone