NASDAQ:ARPO
hello friends!
Today we have another good short for intraday trading.
What's on the chart:
1. Strong historical level of 12/9/2020
2. A level on the round number, which gives it extra strength.
3. The level is repeatedly confirmed by false breakdowns
4. Strong upward movement for the last 3 days by 76%.
Scenario:
Entry into the short at the breakdown of the level of 1.9
And of course an important reminder: even though our statistics confirms 70% positive directions of movement, enter the trade only after your own analysis and be sure to use stop loss orders