Descrição
⋅ Looks like its in for some down action as both RSI and Price action are leaning towards a descending triangle which most are inherently bearish.
Still has some potential gains to attack the top again and break free but something tells me the selling isnt over
Comentário
⋅ broke support and now using the channel as resistance - im out!
Comentário
⋅ Stop loss was good for the wicks...made the pump
however it didn't hit the 60% goal so I wait
For now, Im looking to see the back test at $2.75 and....
if it bounces i will go back and investigate
if breaks structure through the downside again, exiting this trade might be a good idea