"Stocks: TRADE IDEA" Short on FB (Facebook) by ThinkingAntsOk
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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.