COIN - False Breakout
Updated
No news rip, looking to be a false breakout on this pennant. Expecting reversal to the downside.
Note
RSI on the 1H, 4H overboughtNote
Note
Based on pennant and fib levels:PT1: 60
PT2: 53
PT3: 43
Trade closed: target reached
Closed yesterday at opening bell. Flawless play.
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