If price comes to that point and the bar closes below the red and blue (at the cross) parralels It would be a nice r/r trade. If the price doesn't get to that zone, on to the next one!
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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.