Bullish Engulfing Candle:
The current price action forms a Bullish Engulfing pattern, where the green candle completely engulfs the prior red candle.
This indicates strong buyer momentum, hinting at a potential uptrend.
Key Levels:
Entry Point: $137 – A breakout above this level confirms the pattern’s validity.
Stop Loss: $132 – Positioned just below recent...
After during further TA on Roblox, I have turned into a short term bear. Fib extensions are showing a retracment back down to hopefully my price target of $110. I have already enterd a small short position and will add more coming into next week. Please let me know of any thoughts and critiques regarding my TA. Stop loss is $138.
~DJ
PS: I hope this post ages well
