QuantCT

Short signal of Momentum Strategy Idea on FLMUSDT @ 1d

Short
BINANCE:FLMUSDT   FLM / TetherUS
Short signal of Momentum Strategy Idea triggered on FLMUSDT @ 1d timeframe. Price is right on a major support level of volume profile indicator(200 bars lookback). Next support is twice of expected profit, below the current price. Duration is 0 in QuantCT app.

With probability of 43.75%, we would have a 24.73% profit, within 7 days. From the other side, we would have a -9.56% loss with ~57% probability.

Strategy stats:
  • Strategy quality on short signals: Good
  • Win rate on short positions: 43.75%
  • Average profit: 24.73%
  • Average loss: -9.56%
  • Average bars in trades: 7 bars

Regards,
Amin Saqi
www.linkedin.com/in/aminsaqi
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