MoC called this one an example of a reversal trade
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MoC entered this trade with calls around the blue line averaging in, and just exited today on the test of the medium term green diagonal support. This is a text book entry, hold through 20 day SMA to support and exit on strong resistance.
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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.