Short
Target hit. Triangle broke. Short.
TP = 27.10 hit as the 1D Channel Down (Highs/Lows = -4.7091, B/BP = -9.5398, MACD = -3.703) aggressively tested the support of the 1W lower trend line (blue dotted). The circle represents the break - out continuation point of this 1W bearish trend. If not broken then NEO will most likely test 27.08 as a Resistance on 1D and form a Lower High, before eventually resuming the long term decline. In both case the TP is 8.78.
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I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.