1) Unable to sustain above 200EMA and broke down
2) Retested and rejected again from 200EA
3) Multiple rejection patterns on lower time frame
Its now offering very good risk to reward ration of 1:6
Trade closed: stop reached
Sorry it didn't work as expected
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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.