Price has been falling since November 2021, no signs of turning back up, and massive bearish patterns on all timeframes. Most likely to keep falling along the descending channel. TP $50 (why not?). SP outside the channel and wide. I'll hold this one 3 or 4 months.
Trade active
HoldingTrade active
Bouncing off the top of the channel. Is going down.Trade active
Still holding the shortTrade active
HoldingTrade closed manually
I'm not short anymore. Appears that the market is shifting.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.