Meta PlatformsShort
Facebook bearish setup
Risk to Reward idea:
Short trade: current price 161.50
Stop above 170 (for risk of 170 - 161.50 = 8.50)
Long term Target 120 (for reward of 161.50 - 120= 41.5)
Supporting analysis:
Head & Shoulders pattern
Price is below Resistance level
Price action is weak
For educational purposes only.
Short trade: current price 161.50
Stop above 170 (for risk of 170 - 161.50 = 8.50)
Long term Target 120 (for reward of 161.50 - 120= 41.5)
Supporting analysis:
Head & Shoulders pattern
Price is below Resistance level
Price action is weak
For educational purposes only.
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.