Price has reacted nicely at a level that has reacted as a support as well as a resistance zone in the past. This could provide a nice high probability short entry opportunity with a about 3 to 1 Reward to Risk.
I am hoping price would retrace a little to fill my limit order and then will drop to re-test recent low.
I am hoping price would retrace a little to fill my limit order and then will drop to re-test recent low.
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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.