Short entry: 1.32717-1.32944
Stop loss: 1.33098-1.33326
Take Profit:1.32077- 1.31303
Expected Call Duration: 1-3 Days
Risk Level: Medium
Call strength: Strong
For the take profit targets, you will be better off taking profit at the edges of the 110 1.25 stdev and the 110 mean. For the stop loss, do note that the slope of the top edge of the band is upwards, so be aware that retests of that pivot are completely healthy even if that value is continuously getting higher.
Stop loss: 1.33098-1.33326
Take Profit:1.32077- 1.31303
Expected Call Duration: 1-3 Days
Risk Level: Medium
Call strength: Strong
For the take profit targets, you will be better off taking profit at the edges of the 110 1.25 stdev and the 110 mean. For the stop loss, do note that the slope of the top edge of the band is upwards, so be aware that retests of that pivot are completely healthy even if that value is continuously getting higher.
Note
This trade is STILL ACTIVE. We are still in the defined mean reversion pivots
Disclaimer
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.
Disclaimer
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.