ADA recently changed market structure, posting a LH,LL after a 55% run up.
The 50 Fib of the recent push down lines up with the support line of the descending triangle previously formed before the breakdown, so I've placed a short here as it seems a logical place for a retrace before a continued move down.
The 50 Fib of the recent push down lines up with the support line of the descending triangle previously formed before the breakdown, so I've placed a short here as it seems a logical place for a retrace before a continued move down.
Order cancelled:
Entry not hit, orders removed.