Price is at a major SR zone and there's a lot of space to the left. Reversal to mean is highly probable. Go short till next SR Zone for a good 1:2.7 RR trade.
Note
This doesnt look to reverse at all at this momentTrade closed: stop reached
Note
Strong SR zone, eventually more buying power
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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.