Short MELI CMP $1085.36

9 янв. 2022 г.Short MELI CMP $1085.36. This one is clear downtrend. Appears to be double bottom pattern but price will continue to fall to $900 area as per analysis. Trading below all major moving averages. No signs of buyer stepping in. MACD turned negative recently. Short target of $900 area coming soon which is also 200 SMA level on weekly chart.

22 янв. 2022 г.

Сделка активна

Taking support at drawn level

30 янв. 2022 г.

Сделка активна

Trading below the support level. $905 in can be achieved in coming days with market sell off.

23 февр. 2022 г.

Сделка закрыта: достигнута тейк-профит цена

target reached