Had a classic 1234 setup with macd divegence. This will be a setup that does not have a nice H4T trend, but one more of ranging.
My objective of this setup will thus be to play this range, and hence my TP will be conservative as shown.
Tracking with tradingview
This setup has panned out well from the crafting of SL , EP and especially the TP level.
It has added steel to the structured h1 setup of multiday 1234 , channel and macd divergence.