$CLO SHORT SETUP ... Bulls Losing Momentum
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Entry: 0.0560 – 0.0575
TP1: 0.0530
TP2: 0.0500
Final Target: 0.04750
SL: 0.06230
$CLO rejected from 0.06091 resistance and selling pressure is starting to show.
As long as 0.0610 holds as resistance, I see a possible correction towards 0.0500 – 0.0475.
A break below 0.0550 could accelerate the drop.
Don't go all in. Use stop loss.
Trade on $CLO
Click to Cast your today Vote
Entry: 0.0560 – 0.0575
TP1: 0.0530
TP2: 0.0500
Final Target: 0.04750
SL: 0.06230
$CLO rejected from 0.06091 resistance and selling pressure is starting to show.
As long as 0.0610 holds as resistance, I see a possible correction towards 0.0500 – 0.0475.
A break below 0.0550 could accelerate the drop.
Don't go all in. Use stop loss.
Trade on $CLO