As price action has quickly approached the center median line, and recently retested the 100 level, a decline toward 80 is possible. Risking 2 point to make 9 provides a great risk to reward opportunity for short directional traders. This signal is in contrast to the other by signal. However, 10x risk is always better than 3.
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Disclaimer
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.