Looking like a good short setup here risk to reward .
Currently price is sitting at a 7 year supply area.. monthly and weekly technicals are getting overbought and daily technicals are at extremes already...
The short Entry would be below 81.00 with the
first target being 78.00
2nd target 74.00
My final target would be 63-67 but I expect price to bounce at 74.00 so id take profits there or tighten stop
Daily candle showing a Bearish reversal A close below 81 tomorrow would confirm the reversal
Currently price is sitting at a 7 year supply area.. monthly and weekly technicals are getting overbought and daily technicals are at extremes already...
The short Entry would be below 81.00 with the
first target being 78.00
2nd target 74.00
My final target would be 63-67 but I expect price to bounce at 74.00 so id take profits there or tighten stop
Daily candle showing a Bearish reversal A close below 81 tomorrow would confirm the reversal
Nota
Last week lost 50% on this short.. made 250% today .. covering here .. will reenter under 75.00
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.