The Trade Desk, Inc.Short
TTD 10/8/2023
Updated
TTD
Uptrend move for the 1st half of 2023. Double Top pattern formed July & August 2023 that broke down trend.
After uptrend was broken, price started to move sideways and had formed a descending triangle.
Price finds itself at resistance area of triangle.
Will be entering trade short.
Entry: 82.32
Stoploss: 92.45, -12.31%
Target : 42.61, +48.24%, 3.92 RR ratio
Uptrend move for the 1st half of 2023. Double Top pattern formed July & August 2023 that broke down trend.
After uptrend was broken, price started to move sideways and had formed a descending triangle.
Price finds itself at resistance area of triangle.
Will be entering trade short.
Entry: 82.32
Stoploss: 92.45, -12.31%
Target : 42.61, +48.24%, 3.92 RR ratio
Note
Typo. Correct sentence: Double Top pattern formed July & August 2023 that broke uptrend.Note
beautiful price slideTrade closed: target reached
Trade closed early 11/10/2023close price 61.27, +25.57%, 2.08 RR ratio
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