Short
$GSAT | Bearish Butterfly Harmonic

GSAT has formed a bearish butterfly harmonic -> going short here
Highly likely it will go to 618 retracement -> ~40-50% downside
Highly likely it will go to 618 retracement -> ~40-50% downside
Trade closed: target reached
- short closed for 20% profit- hightly volatile stock environment
- wait for cool down or clear trading signals for further trades
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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.