Mean Reversion Around 250. Buy at 00's and Sell 500
I can see price mean reversion around 250. Therefore, buy the lows and sell the highs.
500 as resistance and 00's as support.
So far, the peak formation is at the low of August, therefore, the trend is bullish.
I am expecting a run of the high then a dump to 44,000 before the continuation of the bull trend
500 as resistance and 00's as support.
So far, the peak formation is at the low of August, therefore, the trend is bullish.
I am expecting a run of the high then a dump to 44,000 before the continuation of the bull trend
Note
Trade active
I opened a sell position where I wanted price to be. 44,532Let see how it goes
100 tick stop
265 tick target
2.65R
Trade closed: target reached
Target reached. 265 ticks. 2.65R 
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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.