The price is going down so why is this good?
After a big breakout yesterday (6%) we manage to almost fully retrace, we got a re-test on top of the triangle and it looks like it got rejected.
1. Pump to 140.9$
After the breakdown of the 140 - 142 level we never got a re-test, i expect that re-test to be our next move before further downside.
2. Rejection + New lows
After the rejection i expect us to see 100 - 108 pretty quick, afterwards we should have seen the bottom!
My play for today:
Portfolio Risk: 5%, Leverage: x10 - x25
Buy: 130$
Sl: 129.2$
Target: 140.8$ - 142.5$
If you are interested in chatting you can click on the link below!
After a big breakout yesterday (6%) we manage to almost fully retrace, we got a re-test on top of the triangle and it looks like it got rejected.
1. Pump to 140.9$
After the breakdown of the 140 - 142 level we never got a re-test, i expect that re-test to be our next move before further downside.
2. Rejection + New lows
After the rejection i expect us to see 100 - 108 pretty quick, afterwards we should have seen the bottom!
My play for today:
Portfolio Risk: 5%, Leverage: x10 - x25
Buy: 130$
Sl: 129.2$
Target: 140.8$ - 142.5$
If you are interested in chatting you can click on the link below!