Short
SHORT ADAU18 R/R: 3
Entry point at 0.5-0.618 fib retracement.
Stoploss above last high.
T1: 1:1 fib ext confluence with previous low.
T2: 1:16 fib ext confluence with ATL
Risk/reward: T2 almost 3
10x leverage
STILL BEAR TREND
Stoploss above last high.
T1: 1:1 fib ext confluence with previous low.
T2: 1:16 fib ext confluence with ATL
Risk/reward: T2 almost 3
10x leverage
STILL BEAR TREND
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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.