The confluence of these 3 factors signals an ideal short in an area of strong resistance:
1) Resistance
2) Trend line
3) Stochastic is in overbought level
This trade provides a high risk-to-reward ratio of 1:4.1.
1) Resistance
2) Trend line
3) Stochastic is in overbought level
This trade provides a high risk-to-reward ratio of 1:4.1.
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