I see a rising wedge and a flag pattern . Also since the main downtrend line is at 15000, the risk/reward ratio is perfect for me.
Open short - 13900
TARGET 1 - 13000
TARGET 2 - 12000
TARGET 3 - 11100
TARGET 4 - 7800
Stop loss - 15000
Open short - 13900
TARGET 1 - 13000
TARGET 2 - 12000
TARGET 3 - 11100
TARGET 4 - 7800
Stop loss - 15000
Trade active
Trade active:
Target 1 reached
Trade active:
According to buy volume, price will go lower. But it hit support and flag pattern is still in place. So it is upto you guys to decide if you want to close, keeping and eye on lower interval charts and volume. Current resistance is at 13830.
Trade active:
Price going down.