TradingSig

NEO Bearish Moment

Long
NEO has formed a bearish decline pattern since March 21 and approaching complete breakdown once hits the season low of $49.04 price. Next, if $49.04 level breaks, the pair can slide quickly to our T/P $40 level, and hit next T/P of 27.50.

Reminder: After initially moving the stop to break-even as the trade progresses in your favor, you may leave it there until the initial Take Profit target is hit, or close the trade if there will be a substantial retracement or reversal before the price reaches the destination.
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