CIBR
Enjoyed uptrend from May 2020 thru about Jan. 2022
Price has now formed a Head and Shoulders pattern with a breakdown to confirm
Price has now pulled back to neckline and is rejecting 50ema
Yesterday’s gravestone doji at resistance is my que to enter.
Entering short trade
Entry: 48.49
Stop loss: 51.00
Target : 41.00 – RR ration 2.98
Enjoyed uptrend from May 2020 thru about Jan. 2022
Price has now formed a Head and Shoulders pattern with a breakdown to confirm
Price has now pulled back to neckline and is rejecting 50ema
Yesterday’s gravestone doji at resistance is my que to enter.
Entering short trade
Entry: 48.49
Stop loss: 51.00
Target : 41.00 – RR ration 2.98
Trade closed: target reached:
Trade was closed on 2/24 due to sharp move down
Exit: 44.50 – +8.06%, 1.56 RR ratio
Exit: 44.50 – +8.06%, 1.56 RR ratio
Trade active:
reentering trade
Entry: 48.49
Stop loss: 51.00
Target : 41.00 – RR ration 2.98
Entry: 48.49
Stop loss: 51.00
Target : 41.00 – RR ration 2.98
Trade closed: stop reached:
Stop loss: 51.00