Short position off of the 200MA and 0.618 fib levels (4h). RSI overbought on this timeframe as well:
Entry: 4160
Stop Loss: 4320
Take Profit: 3775
Good luck!
Entry: 4160
Stop Loss: 4320
Take Profit: 3775
Good luck!
Note
Revised target to 200Ma on the 1hour chart (also 0.5 fib an area of previous S&R.New target: 3,890
Trade closed: stop reached
Good job bulls. Bad job me.
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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.