How did we get the zones and the levels?
1. We started with the daily time frame to check the trend. !
2. We came down to 4H time frame to mark the important levels or key zones.
3. We came down to 2H chart from were we can see a red pattern with a long down wick.
4. We came down to Hourly chart to confirm and spotted a green candle which confirms the possibility of a reversal.
This trade should be taken on HOURLY or 30 Min chart with at least 9.5% target in mind.
Thanks for reading! No matter if this trade will be a loss or a profit, setup will be my most important priority followed by letting the winners run & cutting the losers short.
Feel free to note down your thoughts in the comments section ! Happy trading.