HIGH PROBABILTY TRADE with reversion to the mean concept
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Hi Traders, This is one of my favorite set-up (Daily timeframe). The market has taken the stops (looking left) with a strong and massive bearish impulse move putting the price far away from the "mean" (10 & 20 moving averages), where I noticed that the market is likely to come back and retest the moving averages (attract like a magnet).
Two great conditions for a long set-up. Happy trading !