Hi everyone, Yurii Domaranskyi here. Let's take a look at the chart: 1. Horizontal Price levels are working good 2. globally downtrend, locally uptrend 3. the price level confirmed by a touch 4. that was a near test, but we see week close under the level 5. approached the level sharply 6. the move was with no rollbacks 7. no accumulation 8. no rollback 9. we see that 1 bar closed above the level and 2nd opened above and closed below 10. level of a rollback 11. enough room for a move with r/r 1 to 5.1 12. no model of ascending lows 13. no news in the last 10 days 14. the price came from above, and we see that it can't go higher 15. we have enough room for a move 16. the report on January 27
Potential risk/reward ratio = 1 to 5.1 meaning that potential risk 100$ with the possibility to make 510$
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