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Alexey_Malorodov
Feb 24, 2020 9:51 AM

Metlife struggles for life) 

MetLife, Inc.NYSE

Description

NYSE:MET
Interesting situation is formed by MET. At the last session seller tested a strong mirror level, however, it was not possible to take it from the first time. And that's why:
1. Strong mirror level.
2. Long buyer protects level 50.96.
2. A long-time retest.
3. Short player hited the level with a long paranormal bar and immediately bounced.
This indicates that the seller does not have enough energy to push the instrument under the level.
What to expect: another level retest with a bounce. Here you can play long from the level well once, if your strategy allows it. There is a significant advantage: a strong level will allow you to trade with a small risk of 2 cents.

No matter whether you take my ideas into account or not, you should trade only at your own risk-on-trade and from your own MM-strategy.
And don't forget to use SL-orders

Comment

WHOEVER LISTENED TO ME HAS ALREADY EARNED...

Trade closed: target reached

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