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Mean Reversion on LINK

Actualizado
Not my usual setup but offers a good R/R for Mean reversion to the previous lows. Two heavy flushes to the downside + Market winds to downside have pushed this stock down rapidly to oversold area.

Position Open: 1.98
Risk: 1.95
Target: 2.5

Trade Open.
Operación cerrada manualmente
Exited manually at 2.2 the MACD was exhausted so closed it early.

Today it flushed. Will look to long again when an opportunity presents.
Trend Analysis

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