Jumia, African Alibaba, plunged after rocketing.
From the chart, long-term bullish bat pattern is for long, but short-term Gartley is for short. What should we do?
Sell when the price hits 28.2, then buy at 18.8-20.4 after the price drops with SL below 18 .
If the price breaks out the 28.2 directly, buy at the pullback.
TP1: 35
TP2: 40
From the chart, long-term bullish bat pattern is for long, but short-term Gartley is for short. What should we do?
Sell when the price hits 28.2, then buy at 18.8-20.4 after the price drops with SL below 18 .
If the price breaks out the 28.2 directly, buy at the pullback.
TP1: 35
TP2: 40
Comment:
Generally speaking, the market move as expected, though it didn't hit the demand zone.
Trade closed: stop reached:
Bad luck.
But the bearish Gartley pattern worked well.
But the bearish Gartley pattern worked well.