Idea of a swing position short on this asset after a beautiful bull trap on a reversal configuration.
We had a big dump of the asset then a correctif period that seams to be over soon for me and this bull trap can definitly be the perfect short signal.
As target I try to be as conservative as I can but if this pattern is correct then we can see a huge drop of the price in the following months.
Great Trade !
We had a big dump of the asset then a correctif period that seams to be over soon for me and this bull trap can definitly be the perfect short signal.
As target I try to be as conservative as I can but if this pattern is correct then we can see a huge drop of the price in the following months.
Great Trade !
Comment:
The $50.0 level absorption isn't very good for the shorts ... let's see