There is a strong support at $2.50—.
Stochastic is deeply oversold so I expect a bounce at the support.
The entry for the short I'm looking at is the box between $2.67 and $2.94, which lines up with the downtrend and the fibonnaci levels.
I like to keep the setups simple and low leverage.
Let me know what you think.
Stochastic is deeply oversold so I expect a bounce at the support.
The entry for the short I'm looking at is the box between $2.67 and $2.94, which lines up with the downtrend and the fibonnaci levels.
I like to keep the setups simple and low leverage.
Let me know what you think.
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.
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.