"Stocks: TRADE IDEA" Short on FB (Facebook) by ThinkingAntsOk
1H CHART EXPLANATION:
The main items we observe in the chart are:
- Price bounced from the Convergence Level and broke the Ascending Channel.
- It is currently on a Bearish Corrective Structure.
- If price breaks it at 180,9, it has potential to move down towards the Support Zone at 163.
Updates coming soon!
4H CHART:
The main items we observe in the chart are:
- Price bounced from the Convergence Level and broke the Ascending Channel.
- It is currently on a Bearish Corrective Structure.
- If price breaks it at 180,9, it has potential to move down towards the Support Zone at 163.
Updates coming soon!
4H CHART: