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LeeGray
Oct 15, 2020 7:31 PM

ALGO USDT Short

Algorand / TetherUSBinance

Description

short maybe for algo ?????

Trade closed: target reached

Comments
SliMnBonE
long!!
LeeGray
@SliMnBonE, whats your reasoning for a long ?
SliMnBonE
@LeeGray, its on consolidation it will extend long, it reached the 62% fib line on the liquidity area before it get up, after this 4h candle close if the next 4h candle close above 32.56 that's confirmation for the end pattern of swing low (bear is over)… MS shift and go long .
LeeGray
@SliMnBonE, nice analysis. i see price consolidating under resistance which was support , with multiple wick rejections on the 1h

SliMnBonE
@LeeGray, collecting stop losses ;)
LeeGray
@SliMnBonE, yes that would be for a move down then ? :)
SliMnBonE
@LeeGray, lets see where it go
LeeGray
@SliMnBonE, 👍🏼
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