Comp looks to be losing momentum and price could roll over soon.
Short on break of support.
Short on break of support.
Note
Support has been broken as expected. Price is down almost 5% since idea was posted.
If you took this trade you are well in profit.
There is potentially more downside to come, thought this is a good spot to take some profits.
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Get discounted fees here:
partner.bybit.com/b/Forge
partner.bybit.com/b/Forge
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.