Good Morning TradingView Family!
Today we are looking at the FACEBOOK stock on the larger timeframes. Please note that im not that much into stocks and most likely trade currencies!
But this longterm short setup got my eye. Price from FB did break through the 200 Dollar mark and now is consolidating. From this point on i really like to see a larger correction to the downside.
First potential price targets are around the 181.00 Dollar area.
Wishing everyone success and a great trading day!
Today we are looking at the FACEBOOK stock on the larger timeframes. Please note that im not that much into stocks and most likely trade currencies!
But this longterm short setup got my eye. Price from FB did break through the 200 Dollar mark and now is consolidating. From this point on i really like to see a larger correction to the downside.
First potential price targets are around the 181.00 Dollar area.
Wishing everyone success and a great trading day!
Trade active:
You definitely should take partials! What a great entry!
Comment:
Wow. Moving into TP and buy area!
Trade closed: target reached:
Such an awesome trade! Closed it near the lows!
