The hourly chart is oversold.
Target is ~27,100
Hourly close under 25,925 invalidates this setup.
Good Luck frens 🤝
Target is ~27,100
Hourly close under 25,925 invalidates this setup.
Good Luck frens 🤝
Note
It could be wise to take some size off the table around the 62% price range at $26,427. At the very least, probably try to keep your eye on it around that price-point.Don't lose money.
Trade closed: stop reached
Nope. Trade closed.Note
Note: Just because this particular trade idea is invalid, doesn't mean it isn't still oversold.
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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.