A 2% Risk set up I'm considering due to the price consolidating at the 1.13 / 1.618 of a Bullish Shark Pattern.
Target is a 50% retrace of C-D leg around $11,200
- Low chance of this playing out with little to no bullish divergence.
- C-point should not go higher than 1.618 ext.
- Using Candle closes on the Day Chart the C-point closed at 1.414 ext.
*Not Financial Advice*