It's possible that we are going back down now...
Look for a lower TF setup to sell into a possible down move...
SL above the double top high (± 52)
2 main targets:
1) trendline and/or channel re-test level
2) Possible bat B support...
>> 1 extra longterm target possible: the possible bat D completion point around a price of 29$...
Look for a lower TF setup to sell into a possible down move...
SL above the double top high (± 52)
2 main targets:
1) trendline and/or channel re-test level
2) Possible bat B support...
>> 1 extra longterm target possible: the possible bat D completion point around a price of 29$...
Trade closed: target reached
TP1Note
Uptrend channel broken but highly oversold stochastics could give us some bullish movement...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.