Jumia, African Alibaba, plunged after rocketing. From the chart, long-term bullish bat pattern is for long, but short-term Gartley is for short. What should we do? Sell when the price hits 28.2, then buy at 18.8-20.4 after the price drops with SL below 18 . If the price breaks out the 28.2 directly, buy at the pullback. TP1: 35 TP2: 40
Comentário
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Generally speaking, the market move as expected, though it didn't hit the demand zone.
Trade fechado: stop atingido
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Bad luck. But the bearish Gartley pattern worked well.