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jalapablo
Sep 2, 2023 2:06 PM

Numeraire: What Goes Up... Short

Numeraire / United States DollarCoinbase

Description

NMR just had an insider demand pump. 1.618% retracement is expected, since this seems to be the pattern with this particular asset. I don't buy pumps; but I would definitely sell the dump in this case. In terms of shorts, it's easy money -- about 30%. Keep it on the forensic TF (15-30 min) just in case.

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Trade active

Fib retracement range extended as the ship goes down.

Trade active

Trade active

The sell-off continues...

Trade active

Retest and retracement resumption
Comments
jalapablo
Fibonacci Retracement range extended
jalapablo
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