Looking to see a move back down to previous lows at $480
Signals for the trade:
- No significant volume
-Rejected at $500 level
-Descending triangle has failed to breakout twice
First price target: $480
Second price target: $450-460
Third price target: $350
Will look to re-enter after breach of these target and a possible retest.
Signals for the trade:
- No significant volume
-Rejected at $500 level
-Descending triangle has failed to breakout twice
First price target: $480
Second price target: $450-460
Third price target: $350
Will look to re-enter after breach of these target and a possible retest.