Price has broken out of consolidation after forming a double top and bouncing off the 200EMA. Waiting for a close below the 8 and 50EMA to lead the path further down for the asset to retest its previous lows.
Note
Adjust sl to break evenTrade closed: target reached
You can move sl to 50% of profit and extend target to 2785 or close the trade now.
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.