1. Resistance becomes support.
2. Same area has a 50% retrace confluence.
3. Same area also includes the 102 even level.
R/R for this trade is a little over 2:1.
2. Same area has a 50% retrace confluence.
3. Same area also includes the 102 even level.
R/R for this trade is a little over 2:1.
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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.