Base strategy I built this trade is Elliot waves.
On 4h timeframe we can see 5th waves in early phase. We can see nice push from 1st wave, after that some correction wich is 2nd wave, some big push to the down wich is the 3rd wave and then a little bit complexive pullback of triple zig zag and beautifull inverted hammer.
On daily timeframe we can see 1st and 2nd elliot waves and 3rd which will be formed soon.
SL lvl is just above the end of 3rd waves and TP lvls are on 3 next respected resistance lvls.
SL @ 1.73380
TP1 @ 1.72041
TP2 @ 1.71639
TP2 @ 1.70869
On 4h timeframe we can see 5th waves in early phase. We can see nice push from 1st wave, after that some correction wich is 2nd wave, some big push to the down wich is the 3rd wave and then a little bit complexive pullback of triple zig zag and beautifull inverted hammer.
On daily timeframe we can see 1st and 2nd elliot waves and 3rd which will be formed soon.
SL lvl is just above the end of 3rd waves and TP lvls are on 3 next respected resistance lvls.
SL @ 1.73380
TP1 @ 1.72041
TP2 @ 1.71639
TP2 @ 1.70869