ADAUSD
ADA is in an ascending channel and now sitting below the trendline resistance; In consideration of the
Fibonacci retracements from the prior uptrend, on the chart I can see the first potential target of 0.47335
which would represent a profit of about 5% in the short trade over perhaps 3 days. A stop loss of 0. 006
above the entry would yield a reasonable reward for that risk.
ADA is in an ascending channel and now sitting below the trendline resistance; In consideration of the
Fibonacci retracements from the prior uptrend, on the chart I can see the first potential target of 0.47335
which would represent a profit of about 5% in the short trade over perhaps 3 days. A stop loss of 0. 006
above the entry would yield a reasonable reward for that risk.
Trade fermée: cible de profit atteinte:
ADAUSD hit target now reversing to upside in the channel taking a long trade with
profits from the short.
profits from the short.