Metal / TetherUSShort
MTL Scalp to 1.6
Updated
Another short explanation.
Bearish divergence forming on the 15m and a double top from the 6th June. Currently in a strong supply zone and i expect to be rejected from this area.
Set a tight stop loss as Funding is very negative and could trigger a short squeeze above the supply zone.
Bearish divergence forming on the 15m and a double top from the 6th June. Currently in a strong supply zone and i expect to be rejected from this area.
Set a tight stop loss as Funding is very negative and could trigger a short squeeze above the supply zone.
Note
Another bearish indication is the head and shoulders forming on the RSITrade closed: target reached
Tagged 1.61 and closed short
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