Meta PlatformsShort
FB 1/25/2022
Russia is picking fights and the economy isn’t looking to great.
Daily Chart Analysis
FB enjoyed an Uptrend respecting the 200ema from April 2020 thru October 2021.
Since breaking the 200ema, Price attempted to bounce and was unable to make higher highs and has now made lower highs.
The EMAs and starting to cross downwards.
Price is currently over-extended
Will be waiting for pullback to enter short trade.
Daily Chart Analysis
FB enjoyed an Uptrend respecting the 200ema from April 2020 thru October 2021.
Since breaking the 200ema, Price attempted to bounce and was unable to make higher highs and has now made lower highs.
The EMAs and starting to cross downwards.
Price is currently over-extended
Will be waiting for pullback to enter short trade.
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.