ADA Short
Updated
ADA recently changed market structure, posting a LH,LL after a 55% run up.
The 50 Fib of the recent push down lines up with the support line of the descending triangle previously formed before the breakdown, so I've placed a short here as it seems a logical place for a retrace before a continued move down.
The 50 Fib of the recent push down lines up with the support line of the descending triangle previously formed before the breakdown, so I've placed a short here as it seems a logical place for a retrace before a continued move down.
Order cancelled
Entry not hit, orders removed.
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