After an ascending triangle bullish pattern, we reach a psychological limit of 300$. We saw many shorts and the volume go down. I see a wegde continuation bearish pattern and a correction to the 0,5 Fibonacci retracement.
Sell order: 256,40€
Stop loss: 265€
Profit target 1: 237,85€ (0,382 Fib retracement)
Profit target 2: 227,93€ (0,5 Fib retracement)
Sell order: 256,40€
Stop loss: 265€
Profit target 1: 237,85€ (0,382 Fib retracement)
Profit target 2: 227,93€ (0,5 Fib retracement)
Trade closed: stop reached
Trade closed: target reached
Finally it happened!
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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.