Hi traders,
We're currently looking at Yelp's daily chart here. There are some good reasons to short soon.
Entry: $ 31.63
Stop: $ 33.80
Target: $ 26.60 = R:RR 2.32
Just an idea. Updates will follow.
We're currently looking at Yelp's daily chart here. There are some good reasons to short soon.
- Previous structure formed at August 2015 and December 2015.
- Completed AB=CD=EF pattern
- Fibonacci extension confluence
Entry: $ 31.63
Stop: $ 33.80
Target: $ 26.60 = R:RR 2.32
Just an idea. Updates will follow.
Trade active
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Related publications
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.