SOGO shooting star short set up
מעודכן
Here we have a short set up for SOGO,which has gone up a whomping 75% in the last 2 months on speculation.
Yesterday we had a high volume shooting star, a common reversal pattern, and arguably a 'blow off top'. Today we retraced along the wick of that shooting star, creating a short opportunity for brave traders. I believe win probability is below 50%, but a tight stop can make up for that. Target is 13.01, or as low as volume node at 9.45.
Cheatsheet on shooting stars: i.imgur.com/r5j0zgM.png
Yesterday we had a high volume shooting star, a common reversal pattern, and arguably a 'blow off top'. Today we retraced along the wick of that shooting star, creating a short opportunity for brave traders. I believe win probability is below 50%, but a tight stop can make up for that. Target is 13.01, or as low as volume node at 9.45.
Cheatsheet on shooting stars: i.imgur.com/r5j0zgM.png
עסקה סגורה: היעד הושג
כתב ויתור
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.