I'm shorting the ASX 200 on overbought conditions.
This reversal trade offers a good risk-reward ratio.
Take profit: 200 EMA
Stop loss: last Friday's high
Good luck.
This reversal trade offers a good risk-reward ratio.
Take profit: 200 EMA
Stop loss: last Friday's high
Good luck.
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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.