This is the highest probability setup as you will get
As far as technical setups go this is as high a probability setup as you will get. It's a pullback of the larger bearish setup (discussed in my previous idea - linked), while also being a re-test of the latest head and shoulders neckline (coinciding with the Weekly Pivot and 1H 200SMA). The target price is 87 with a stop at 89.2 giving you a Risk to Reward ratio of 1 to 3.4
Transakcja zakończona: osiągnięto poziom stop:
Just goes to show even the highest probability setups can fail. There is obviously a critically important lesson here for traders.
