Well currently the price has formed a double top, we also have a shooting star candle at point 3 around 62.48$. Currently 2 places to short:
Short Entry 1:
Short @ 0.764 Ratio==57.75$
Stop loss @ 63$
Take Profit @53$
Short Entry 2:
Short @ 0.618Ratio==54.85
Stop loss @ 63$
Take Profit @ 50.16
Short Entry 1:
Short @ 0.764 Ratio==57.75$
Stop loss @ 63$
Take Profit @53$
Short Entry 2:
Short @ 0.618Ratio==54.85
Stop loss @ 63$
Take Profit @ 50.16
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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.