Once again $BEAT has failed to break the $2 level and is clearly facing strong selling pressure.
I have already opened a short. Right now there is no major support before $1.8.
Take Profit $1.98 / $1.91 / $1.83
Stop loss $2.2
$BEAT
EMA is fully bearish and the FVG support around $2.3 has already been broken, making the situation more risky.
The market is likely to punish long positions, and it is also forming lower structure.
I have been calling this short since it was at $4, and now finally that move is playing out.
I have already opened a short. Right now there is no major support before $1.8.
Take Profit $1.98 / $1.91 / $1.83
Stop loss $2.2
$BEAT
EMA is fully bearish and the FVG support around $2.3 has already been broken, making the situation more risky.
The market is likely to punish long positions, and it is also forming lower structure.
I have been calling this short since it was at $4, and now finally that move is playing out.