DFS is involved in a large downtrend, now is at the end of a correction bull trend, but is close to turndown. The price is close to test the 52 zone or 23.6 of her fibo and the 200 sma. i think the price can return over test the 200 SMA.Setup: short
TP1: 43
SL: 53.2
entry: 52.5
Trade closed: stop reached
The trade fail, bad drawing at wedge. The price follow the sector and make a big gap, the volume is ok, the level is ok, etc. Hypothesis: Incorrect setup =) Now wait...
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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.