We are very oversold on the higher time frame and we appear to be trapped in a range. We are at the low end of the range. Gave us a healthy stop loss below some previous structure and we are going to target the golden 0.4:1 ratio which appears to be a soft target.
Order cancelled
Made the move we were looking for
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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.