INJ is looking like it's forming a Double top pattern here on a Higher time frame chart.
The Double top will be confirmed if it turns $3 from support to resistance and that will be my 1st Target, 2nd Target Mid Range.
I'm not rulling out a one more push into the 4H block so I'm slowly scaling in, wrong if we see acceptence above $3.75.
As I said before, all bounces are for shorting until proven otheriwise.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
The Double top will be confirmed if it turns $3 from support to resistance and that will be my 1st Target, 2nd Target Mid Range.
I'm not rulling out a one more push into the 4H block so I'm slowly scaling in, wrong if we see acceptence above $3.75.
As I said before, all bounces are for shorting until proven otheriwise.
Follow, like the idea and feel free to leave a comment if you like it.
Check out other ideas if you like this one.
Note
Right into the 4H block after I posted the idea, let's see now.Note
Classic weekend PA, squeezed me out of position. Will wait for the dust to settle.GG bulls, but I'll be back. Still think INJ bound to go much lower.
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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.