BABA 3/21/22
BABA
Easy trade here.
Price is in existing downtrend.
Price was in a sideways range between 110 thru 130.
Price broke down from range and has pulled back to previous support and looking to turn it into resistance.
Price is also currently looking to reject 50ema and is at 0.50 Fib level.
Price is at area of value. This is my cue to enter trade short.
Will be entering trade short. Price heading to all time low.
Entry: 108.17
Stop Loss: 116.72
Target: 59.50
Easy trade here.
Price is in existing downtrend.
Price was in a sideways range between 110 thru 130.
Price broke down from range and has pulled back to previous support and looking to turn it into resistance.
Price is also currently looking to reject 50ema and is at 0.50 Fib level.
Price is at area of value. This is my cue to enter trade short.
Will be entering trade short. Price heading to all time low.
Entry: 108.17
Stop Loss: 116.72
Target: 59.50
Transaction en cours
Trade remains activeTrade fermée: cible de profit atteinte
Target: 59.50
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.