angela_altair

INJUSDT at hourly resistance, expecting a pullback to 7.35-7.36

Kort
angela_altair Uppdaterad   
BINANCE:INJUSDT   INJ / TetherUS
The price fell down below the 4h support but bounced strongly from 7.27 zone. Now the price is at hourly resistance and I expect a pullback here. This pullback may extend till 7.35-7.36 area. Therefore, a short trade is favorable here with a target to 7.35-7.36.
Kommentera:
The price has not reached to the target but did move down towards the target. Ideal would have been to close half the size on corssing half the profit target. But now the stop should be moved to breakeven price.
Trade stängt: målet nått:
The price has hit the target. Currently it is trading below the target and likely to go further down. We will see how low it can go before a bounce in the next post.

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