This is the Quasimodo strategy. It made a higher high from last week's breakout, followed by a lower low. Now it's going up to retest the initial high. I'd be expecting a bearish engulfing candle there to enter.
Please use proper risk management. Survival is key. Good luck
Please use proper risk management. Survival is key. Good luck
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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.