if price drop equilibrium level then jump range high we can try short position. also rsi has huge negative mismatch.
warning: if price volumely break range high, it means this setup cancel.
entry: 0.11 stop: 0.115 target: 0.08
Trade closed manually
after idea was pusblished, blz dropped about %8.39 . it didint dropp to the point that exactly i want, but still it gave us with 8x leverage %67.8 profit. still i expect the price movement finally to dropp 0.80 but for me i close trade here, because profit is enough for me.
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.