This is one of my current positions. The level is visible on the daily, and not too aggressive. Sellers have clearly stepped in on this level, forming a strong 2-bar reversal signal.
I consider this a B trade as the risk-reward ratio is only 2.24.
I consider this a B trade as the risk-reward ratio is only 2.24.
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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.