Prepare the Short

By CoinDealing
Updated
The price has reached the 1.618 Fib and is near the top of the channel. Watch for the price action, there could be a fake breakout before the drop. Also ABCD will close at $61.2
Trade active
Short opened at 60.40, with SL $62 and TP1 55 and TP2 $49
Trade closed manually
AB=CDTechnical IndicatorsTrend Analysis
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