The price is going down so why is this good?
After a big breakout yesterday (6%) we manage to almost fully retrace, we got a re-test on top of the triangle and it looks like it got rejected.
1. Pump to 140.9$
After the breakdown of the 140 - 142 level we never got a re-test, i expect that re-test to be our next move before further downside.
2. Rejection + New lows
After the rejection i expect us to see 100 - 108 pretty quick, afterwards we should have seen the bottom!
My play for today:
Portfolio Risk: 5%, Leverage: x10 - x25
Buy: 130$
Sl: 129.2$
Target: 140.8$ - 142.5$
If you are interested in chatting you can click on the link below!
After a big breakout yesterday (6%) we manage to almost fully retrace, we got a re-test on top of the triangle and it looks like it got rejected.
1. Pump to 140.9$
After the breakdown of the 140 - 142 level we never got a re-test, i expect that re-test to be our next move before further downside.
2. Rejection + New lows
After the rejection i expect us to see 100 - 108 pretty quick, afterwards we should have seen the bottom!
My play for today:
Portfolio Risk: 5%, Leverage: x10 - x25
Buy: 130$
Sl: 129.2$
Target: 140.8$ - 142.5$
If you are interested in chatting you can click on the link below!
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.
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.