SilverTrader925

Facebook Potential Short

Short
NASDAQ:META   Meta Platforms
Ok there seems to be a lot happening to back up a short.
RSI Divergence
Reversal candle
Falling volume
Previous support acting as resistance pushing down on price

This setup has occurred several times in the past and every time it falls around 15% this would take us to the major trend line and 78.6% fibs.

All in all this is looking like a good setup, wait for the price to break the lows of the doji or if your conservative wait for a break of the trend.

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.