There has been a ton of relevant action at that median line and so I think a retest of it isn't out of the question. It is possible that we bounce before that, but I would be very comfortable using a large amount of capital on this play. Really nice RR and also a pretty tight stop loss.
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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.