Sell on strength
Buy: 52.75
SL: 53.65
Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level.
Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well.
Cheers.
Buy: 52.75
SL: 53.65
Price expected to pull back towards 61.8% retracement (entry) before breaking below ascending trendline support and then continuing the drop towards 50.55 level.
Price is below what I call the natural moving average and MACD seems to be turning downward, heading into bearish territory as well.
Cheers.
Trade ist aktiv:
1st TP reached. I expect a further push down now towards my final TP
Trade geschlossen: Ziel wurde erreicht:
As expected, final TP reached. (+4.11%)
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28