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jason_rpprt
Nov 3, 2023 10:53 AM

Potential Short on BBVA Short

Banco Bilbao Vizcaya Argentaria S.A.NYSE

Description



BBVA is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL at last swing high with target of $7 also could be a bigger move as in a channel on larger timeframe so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.

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