I will not say 8X or 10X because the amount of risk or lev. you want to take/use is completely up to you. I will not say that 255 is an easy target short-term, that is for the market to decide.
I will say though that a new lower high is about to be confirmed on this timeframe, coupled with high volume. Lower highs since the 28th of December works as a strong bearish signal.
As long as this signal remains in place, we can expect lower prices —the bearish potential is full and active.
Invalidation comes if we get a higher high compared to 3-Jan. Any trading below this point and the chart setup is bearish.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.