When looking at the chart we can see that the price is moving into some sort of support that we got in the past. What I am looking for now is to trade here. The only downside is on the stop loss side. Because we already saw in the past that the price moved below the stop loss level and moved back up then. The thing is that if we move our SL to that level that we have a very small W/L ratio.
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.