DKNG
Price in an existing downtrend
It is moving within a price channel
Currently, price finds itself at the resistance level of price channel
Price also finds itself at dynamic resistance area @ 50ema
Today’s candlestick closed as a shooting star. This is my cue to enter trade.
Entering trade short
Entry: 20.20
Stop loss: 23.07
Target: 14.52, +28.12%, 1.98 RR ratio
Price in an existing downtrend
It is moving within a price channel
Currently, price finds itself at the resistance level of price channel
Price also finds itself at dynamic resistance area @ 50ema
Today’s candlestick closed as a shooting star. This is my cue to enter trade.
Entering trade short
Entry: 20.20
Stop loss: 23.07
Target: 14.52, +28.12%, 1.98 RR ratio
Trade closed: target reached
Target: 14.52, +28.12%, 1.98 RR ratio
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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.