BABA
Bat pattern in play. Take profile at leg C $130.
However, RSI already indicates oversold, so it may not reach TP target.
However, RSI already indicates oversold, so it may not reach TP target.
Trade active:
Falling trend continues and broke 0.3 fib retracement ($150 range).
If we entire $145 zone can slowly start to close short and add long position.
Falling trend continues and broke 0.3 fib retracement ($150 range).
If we entire $145 zone can slowly start to close short and add long position.
Trade closed: target reached:
$147 reached.
Better graph.
Oversold now but I think after short rebound will continue down to $145.