$S ๐ Click here to see Real Chart, bottom tag is not same chart
Short
Sell 0.07144
Stop level 0.08001
Take profit 0.05431
S pumped 100% from 0.03693 in 5 days, and the move started to run out of steam. The pullback inside it was about 46% of the leg and left 0.05431 as the inducement low. The new high at 0.07392 got rejected and price is back near 0.06898 without going anywhere close to 0.05431. In at 0.07144, out at 0.08001 if I'm wrong, 0.05431 if the inducement gets taken. That works out to 1:2.
DYOR.
Short
Sell 0.07144
Stop level 0.08001
Take profit 0.05431
S pumped 100% from 0.03693 in 5 days, and the move started to run out of steam. The pullback inside it was about 46% of the leg and left 0.05431 as the inducement low. The new high at 0.07392 got rejected and price is back near 0.06898 without going anywhere close to 0.05431. In at 0.07144, out at 0.08001 if I'm wrong, 0.05431 if the inducement gets taken. That works out to 1:2.
DYOR.