Mean-reversion LONG - ETCUSD
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.
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.
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