$TAG Short setup: the new high got rejected, the inducement below is the target

Short 📉
📍 Entry 0.0007344
🛑 SL 0.0007662
🎯 TP 0.0006708

TAG ran 55% off the low in about 20 hours and is on the gainers list with 48% on the day. The pullback inside it was about 24% of the leg and left 0.0006708 as the inducement low. It poked above 0.0007316 by just 1.0% and rolled over. 0.0006708 is still sitting there as the draw. Stop 0.0007662, target 0.0006708. Risking 4.33% for roughly 2 times that.

#TAG #TradeSetup #CryptoSignals