NEO
Short

NEO/USD Short

Mis à jour
Hi everybody,
NEO/USD has formed a triangle pattern that looks like the price is about to drop down if it can break the last low that is acting as support line (32.2 $) and as you can see a death cross has occurred for 128 and 200 period MA lines.
If the support line is broken I expect three targets (28.8, 22.8 and 11.4 $) that are shown on the chart and if the trade is unsuccessful I have also a stop loss point that is also shown on the chart. I should mention that the first target has the highest probability and the third one has the lowest probability of reaching.
Transaction en cours
The price hit the entry point and I am short on NEO
Note
First trget is reached
Chart PatternsTrend Analysis

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