I'm seeing a possible bearish shark pattern for auction. Ready your shorts if you are willing :)
Trade active
For this trade, I'm always setting the maximum possible profit. In this case the range of X to D is from 0.886 - 1.13.. Measuring the 0.886 retracement is already part of the pump made.. It's already a good shorting opportunity...Trade closed: target reached
I wasn't able to see that there's an ATH for Auction :D I was not able to consider that part, my bad.. Risk management is always the key :) I just checked that the previous ATH was taken out so yeah, good for shorts now, probably.. Stay sharp guysNote
Congratulations to those who have shorted this one :)
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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.