Nice opportunity to short the supply area. The price has rally up strongly to the area showing that there is liquidity available. The RSI is almost in its extended zone.
The risk reward is almost a 4:1 (3.8). Please take into account that even with 30% of winning trade and a 3:1 risk reward you will do phenomanly well !
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.
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.