This pair offers also another opportunity here. Been strongly bearish and would expect a retest of previous low. Current price is at previous strong (that was tested several times) and friday puts a good looking doji candle.
However shorting at that level gives an inverse risk to reward ratio. So will have orders placed a bit higher to get a risk to reward great than one (might miss the trades but I don't care, better to miss a trade than getting involved in one that has inverse risk to reward ratio)
However shorting at that level gives an inverse risk to reward ratio. So will have orders placed a bit higher to get a risk to reward great than one (might miss the trades but I don't care, better to miss a trade than getting involved in one that has inverse risk to reward ratio)
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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.