Mean-reversion - OVERBOUGHT - SHORT
Greetings folks,
Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup.
Unfortunately, price has about reached the mean as of posting this trade idea.
The trading system with a preset 2:1 profit to risk ratio for this asset has historically:
101 trades
19 %/R returns
40% winrate
Do let me know if I should expand the assets and timeframe of ideas that I share.
Cheers,
PineConnector
Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup.
Unfortunately, price has about reached the mean as of posting this trade idea.
The trading system with a preset 2:1 profit to risk ratio for this asset has historically:
101 trades
19 %/R returns
40% winrate
Do let me know if I should expand the assets and timeframe of ideas that I share.
Cheers,
PineConnector
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Start your 7-day free trial now @ www.pineconnector.com/. Credit card not required.