Short
REN - Buy-in targets if SHORT
REN has a pretty big set up of a bearish divergence as seen on the 3H chart, we are keeping watch for a pivot point, which may be indicated by the last candlestick that went to the high, and was rejected. It was a strong rejection, the wick is long.
If we do end up retracing, we can shoot for these 3 main zones.
If we do end up retracing, we can shoot for these 3 main zones.
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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.