MANA trend follow short

Price broke below very important area of support around 2.20 - 2.24 with an impulsive candle. Price then retested support turned resistance with a bearish flag, broke trend line with a high volume bearish engulfing candle on the 1h chart.

Stop loss: above resistance, recent highs

Take profit: at 1.5 fib extension level, acts as level of structure to the left
Chart PatternsTechnical IndicatorsmanaMANAUSDTshorttrendfollowing

Also on:

Disclaimer