Long
Mean Reversion on LINK
Updated
Not my usual setup but offers a good R/R for Mean reversion to the previous lows. Two heavy flushes to the downside + Market winds to downside have pushed this stock down rapidly to oversold area.
Position Open: 1.98
Risk: 1.95
Target: 2.5
Trade Open.
Position Open: 1.98
Risk: 1.95
Target: 2.5
Trade Open.
Trade closed manually
Exited manually at 2.2 the MACD was exhausted so closed it early.Today it flushed. Will look to long again when an opportunity presents.
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