How to trade: - enter short only if /when the price breaks the neckline (support) with the volume increase. - target and stop loss are shown in the chart
Last daily candle shows that sellers are still in control and more downside is likely. Macro is bearish overall, nothing changed.
Good luck
Trade active
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Support broken as expected. Expect the price to reach the target within the next a few days
Trade closed: target reached
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Target from the triple top formation reached. Congratulations
This is probably the best publication on this asset in the current market sentiment + I've seen a couple of news that would also support this idea. It would be interesting to know in what order you parse the asset for this idea