After price pulled back and turned support area of 81-90 into resistance, Lower highs into support area of 53-59 showing sign of bull weakness and strength of the bears. Price is also bouncing off 50ma further signaling a healthy down trend. Entry signal will be the break of 57.25.
Entry: 57.25
Stop: 69.12
Target: 44
Entry: 57.25
Stop: 69.12
Target: 44
Note
Entered trade 59.10Stop loss: updated to 65
Target: 44
Note
Stop Loss: updated to 61.50Note
Stop Loss: Updated to 55.25Note
Stop Loss: Updated to 51.60Trade closed: stop reached
Stopped @ 51.56. Trade Closed. 12.69% gainTrade active
Entering Trade.Entry: 41.55
Stop Loss: 44.55(-7.36)
Target: 24.00
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.