srcontrol11

SBH2016 Short with Cypher Confirmation

Short
ICEUSA:SBH2016   None
0
The current price has risen to the .786 Fib level of the current move down. If it holds we can see a massive move down through structure lows down to the 12.30 level. I really like the short here. Early entry would be anywhere within the previous price bar. Conservative entry would be a break below the 13.93 level of structure low.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.