Confluence:
1. Conversion line below Base line for bearish direction .
2. Price almost touches the base Line retest
3. Level also 50% retracement.
Entry just below 50% retracement.
Trade closed: stop reached
Stoploss hit on this setup
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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.