#coinbase a little to much, a little too fast

I think the chart speaks for itself, but this looks like a short squeeze and a bit of an exhaustion (shorts taken to the cleaners).

If the history of this chart is anything to go by, i would expect a reversion to the mean so i'll be looking to short this 80 level for a pullback into the mid 60's

Comment:

Targets hit

Trade closed: target reached:

63.50 exit