Potential for downside!
Hey guys! Anyone else eyeing ?I'm seeing prices abiding to me descending trendline and going on a strong bearish momentum. Looking to get in at the sell entry @ 22.05 in line with 100% Fibonacci extension and also horizontal overlap. Probably going to short to 18.35 in line with 127.2% Fibonacci expansion and 127.2% Fibonacci extension have my stop loss at 24.9 in line with 23.6% Fibonacci retracement and also is somewhere closer to the 100% Fibonacci extension level.
Entry: 22.05
Take Profit: 18.35
Stop Loss: 24.9
What do yáll think?
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Jessica8888 : It's hard to short this position. It should rebound
KK700 : Shorting