Search This Blog

Sunday, June 9, 2024

MEWUSDT SHORT IDEA

MEWUSDT SHORT IDEA

MEWUSDT SPOT BYBIT:MEWUSDT

Back again with MEWUSDT.

Last attempt at shorting Mew was indeed a failed trade but we maintain an unbiased stance and accept that losses are inevitable in trading.

MEW has formed a triple top formation using the mid range support (also a major Fibonacci support) as a pivot for its three peaks.

its quite an obvious trade and will trigger a short position if the neckline is broken and retested, upon which I will enter on a satisfactory retest and aim for the range support.

ANYTHING CAN HAPPEN.



source https://www.tradingview.com/chart/MEWUSDT/vvmmNngL-MEWUSDT-SHORT-IDEA/

No comments: