Short Term Oversold Conditions
Updated
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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