$MAGMA — Bearish pennant forming near 0.52503 OB, Full squeeze about to hit...
Trade Plan: Short $MAGMA
Entry: 0.51 – 0.53
SL: 0.58308
TP: 0.36906 | 0.26039 | 0.15850
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
A bearish pennant is forming near the 0.52503 OB as upside momentum weakens. A breakdown from the pattern could accelerate the downside toward 0.36906 and lower. As long as 0.58308 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MAGMA
Trade Plan: Short $MAGMA
Entry: 0.51 – 0.53
SL: 0.58308
TP: 0.36906 | 0.26039 | 0.15850
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
A bearish pennant is forming near the 0.52503 OB as upside momentum weakens. A breakdown from the pattern could accelerate the downside toward 0.36906 and lower. As long as 0.58308 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MAGMA
