Hey Traders! On the 1h chart, I found huge resistance in around 2920 areas, and the bullish momentum also weakening. A divergence made on MACD and RSI as well and the price made triple top. So I found that's a great SHORT opportunity. Entry SHORT - 2800 Take Profit 1 - 2406 Take Profit 2 - 2234 SL - Initial 2990, after that use trailing stop loss. Risk/Reward...
Hi Traders! On 1h chart of NEOUSDT, I found both MACD and RSI formed divergence, and an uptrend is about to reverse. So it's time to take a short position to book some profit. Entry SHORT - 45 USDT TP - 42.75 SL - 46.62 Risk/Reward Ratio - 1.77 :)
Hey traders! On 4h chart, I found corrective triangle waves is about to form after completing impulsive waves. So I set a TP/SL according to fibonacci levels. Entry SHORT - 1820-1832 Take Profit 1 - 1625 Take Profit 2 - 1555 SL - 1961 Risk/Reward Ratio: 2.16 :)