Focusing on H4 timeframe my technical analysis shows me a possible break into liquidity area and then continuing to the down side, if 07:00 H4 candle close without mitigating liquidity we wait for 11:00 H4 candle South African time.
Risk to reward is always @ 1:2 for my trades but you can make your own analysis in terms of stop loss and take profit areas.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.