An opportunity to sell short at 50% retracement which also aligns with horizontal resistance.
General win rate = 65%
R/R = 1/1.5 ~ 1/2
General win rate = 65%
R/R = 1/1.5 ~ 1/2
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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.