INJ is looking like it's forming a Double top pattern here on a Higher time frame chart.
The Double top will be confirmed if it turns $3 from support to resistance and that will be my 1st Target, 2nd Target Mid Range.
I'm not rulling out a one more push into the 4H block so I'm slowly scaling in, wrong if we see acceptence above $3.75.
As I said before, all bounces are for shorting until proven otheriwise.
Follow, like the idea and feel free to leave a comment if you like it.
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The Double top will be confirmed if it turns $3 from support to resistance and that will be my 1st Target, 2nd Target Mid Range.
I'm not rulling out a one more push into the 4H block so I'm slowly scaling in, wrong if we see acceptence above $3.75.
As I said before, all bounces are for shorting until proven otheriwise.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
Comment:
Right into the 4H block after I posted the idea, let's see now.
Comment:
Classic weekend PA, squeezed me out of position. Will wait for the dust to settle.
GG bulls, but I'll be back. Still think INJ bound to go much lower.
GG bulls, but I'll be back. Still think INJ bound to go much lower.