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Short

MTL Short off support low swing, and trend break/bounce.

BINANCE:MTLBTC   Metal / Bitcoin
MTL bouncing off Support low of 1030 for the time being.

Risk vs reward is the local 1016 swing low, vs Whichever target you choose for the close high.

Good swing trade, with little risk. Entry 1030 support low.


Wedge can be identified off trend touch bounce, after trend was broken.
Oct 12
Comment: Accidental chose short here, meant to click long. Disregard please as this was long entry on MTL/BTC
Oct 14
Trade closed: target reached

Comments

Hope you all took some nice profits on this.
Reply
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