Greetings folks,
Etherium classic took a sharp dive past few bars and we were looking for long mean reversion trades.
My trading system recommends a long at the high with the SL be at the high of the pin.
The system historically has a 39% winrate with a 14(%/R) returns for the past 76 trades when locking in 2R (or 2x profit to risk).
Cheers
PineConnector
Etherium classic took a sharp dive past few bars and we were looking for long mean reversion trades.
My trading system recommends a long at the high with the SL be at the high of the pin.
The system historically has a 39% winrate with a 14(%/R) returns for the past 76 trades when locking in 2R (or 2x profit to risk).
Cheers
PineConnector
Trade closed: target reached
TP hit few bars after posting!
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Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
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.
Automate your trading with Tradingview alerts to Metatrader 4/5 using webhooks.
Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
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.