Looks like we had a bearish breakout below the wedge. Can see this pulling back to the .236 fibonacci. Short profit target $61.50.
*DISCLAIMER* I will say this is possibly a high risk play as it looks like price action is pinned at the .382 which can also be a reversal point like the .236. That being said, if you are long this is not a bad place to DCA but I would save most of your cash for the $61 entry.
Once this target is reached I anticipate a reversal to the upside.
Long Entry: $61-$62.
Not financial advice. Use a stoploss please.
*DISCLAIMER* I will say this is possibly a high risk play as it looks like price action is pinned at the .382 which can also be a reversal point like the .236. That being said, if you are long this is not a bad place to DCA but I would save most of your cash for the $61 entry.
Once this target is reached I anticipate a reversal to the upside.
Long Entry: $61-$62.
Not financial advice. Use a stoploss please.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.