Leidos short idea - 200MA and Fibonacci

LDOS bounced back from 200MA. RSI and Stochastic RSI are in the overbought area. I am expecting a bearish reversal here on the D1 chart.

Entry strategy: wait for a bearish confirmation candle which cross below 61.27


If you think this analysis is useful and you want to receive new updates about this idea, leave your comment or your LIKE!
Thank you for your support and may the markets be with you!

Ordre annulé:

Price didn't close below entry level. Trade cancelled.

Note: thanks to the entry strategy we didn't open a loosing trade.