Trading Plan Short $LAB
$LAB rejected EMA21 and EMA50 on the 1H, confirming bearish continuation.
Entry: $0.1140-$0.1170
Stoploss: $0.1235
Targets: $0.1110 / $0.1040 / $0.0930
LAB failed yesterday's reclaim. Sellers defended EMA21 hard. BB width expanding fast on 1H, volatility coming. Retail very long at 3.7 L/S ratio, setting up for a flush. Top traders also net long, but less extreme. Lose $0.1235, short void.
Trade $LAB here đ
$LAB rejected EMA21 and EMA50 on the 1H, confirming bearish continuation.
Entry: $0.1140-$0.1170
Stoploss: $0.1235
Targets: $0.1110 / $0.1040 / $0.0930
LAB failed yesterday's reclaim. Sellers defended EMA21 hard. BB width expanding fast on 1H, volatility coming. Retail very long at 3.7 L/S ratio, setting up for a flush. Top traders also net long, but less extreme. Lose $0.1235, short void.
Trade $LAB here đ