$BAT 👈 Tap here for the real futures chart, the tag at the bottom shows the spot chart
🔴 Short - entry 0.17774, stop 0.19557, tp 0.14209 (1:2)
BAT pumped 96% from 0.09402 in 4 days, and the move started to run out of steam. 0.14209 is the bottom of that 37% pullback and price has not been back to it since. The new high at 0.18404 got rejected and price is back near 0.16978 without going anywhere close to 0.14209. Taking the short from 0.17774, stop 0.19557, target 0.14209 where the inducement sits. About 1:2.
🔴 Short - entry 0.17774, stop 0.19557, tp 0.14209 (1:2)
BAT pumped 96% from 0.09402 in 4 days, and the move started to run out of steam. 0.14209 is the bottom of that 37% pullback and price has not been back to it since. The new high at 0.18404 got rejected and price is back near 0.16978 without going anywhere close to 0.14209. Taking the short from 0.17774, stop 0.19557, target 0.14209 where the inducement sits. About 1:2.