🔴 $JOE Short setup
Entry: 0.04167
Stop loss: 0.0421
TP: 0.04028
R:R 1:3.23
Retrace of 35%, then price went back for the old high. The inducement at 0.04028 is still untouched. JOE could not stay above 0.04193. The fresh high at 0.0421 is the level that proves me wrong. Entry 0.04167 is simply where price stands now. Stop 0.0421, target 0.04028, reward about 3.23R.
Entry: 0.04167
Stop loss: 0.0421
TP: 0.04028
R:R 1:3.23
Retrace of 35%, then price went back for the old high. The inducement at 0.04028 is still untouched. JOE could not stay above 0.04193. The fresh high at 0.0421 is the level that proves me wrong. Entry 0.04167 is simply where price stands now. Stop 0.0421, target 0.04028, reward about 3.23R.
