The basis of this trade is the buyers from the piror bull run are still holding their position. A potential of new buyers could reverse this downtrend quick.There by buying low, selling high. I am comfortable risking 20-30 lips.
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.