SHORT POSITION!

A great opportunity to short! The price action Is respecting the Fibonacci Retracement aiming to the 38k region!

Thanks for your attention!

Yorum:

If you don't understand the Fibonacci Retracement setup, excuse, I explain.

1- The retracement tool Is extended from the top of the candle that starts the previous decline with the 0.5 level at the candle pivot (lower price) of the price's retracement;

2- Then, the 0.786 (49467) level now Is the resistance for the pullback. Respecting that, the setup Is validated;

3- Now, the expected fall can be touch the levels below with a logical target at least the 0.236.

Yorum:

The ideal entry on this case was até the 0.786 level (49467).

Thanks for your like. ☕