🔸️Ticker Symbol: META 🔸️Timeframe: 4 Hour 🔸️3X Bear Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: META is currently in a bear regression trend channel to the downside. When we are trading in this trend, I like to look for areas where we could see a push lower to capitalize on price action. Along with being in a bear trend we also have our white line "money movement" shifting out of the market in conjunction with a red dot meaning a "key EMA crossover" on our dashboard below. If we continue in this pattern, I do believe we could see a test of approx. $169
4X 🟢 Bull Pattern Confirmation Requirements
✅️ Linear Regression Indicator Increasing ✅️ Money Momentum Shifting Higher ✅️ Green Dot: Key EMA Crossover to Upside ✅️ Green Middle Band: Bull Market Momentum
4X 🔴 Bear Pattern Confirmation Requirements
🔻 Linear Regression Indicator Declining 🔻 Money Momentum Shifting Lower 🔻 Red Dot: Key EMA Crossover to the Downside 🔻 Red Middle Band: Bear Market Momentum
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