TradeAlchemy

$FB - Descending Triangle

Short
TradeAlchemy Updated   
NASDAQ:META   Meta Platforms
Just playing the pattern on this one. Measured move for descending triangle is based on the length of the longest side of the triangle.

Fib extension tool can be used to measure with a 1:1.

Comment:
Still holding my short position. Nice impulsive move kick start to the downside.

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