This is a simple setup- it feels like a 50% retracement from the recent high
Technicals
1) the trend line was crossed
2) the moving average crossed below and has stayed there for a few days
Targeting a move to S1 ($27) - approx. a 15% move from today's close ($31)
Technicals
1) the trend line was crossed
2) the moving average crossed below and has stayed there for a few days
Targeting a move to S1 ($27) - approx. a 15% move from today's close ($31)
Trade closed: stop reached
I closed this trade at a small loss
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.