Recently opened a new short position on moodeng.
Looking to scale out of this one gradually all the way down to $0.13678 area.
Time sensitive.
Stop: $0.15083 or higher
should be able to get 2.5R+ on this trade.
DTT strategy applied.
Market still not at weekly potential HL area, likely will continue to trend down until we reach there- around $0.13678- That's where I anticipate enough demand might come in to reverse the market to the upside
Looking to scale out of this one gradually all the way down to $0.13678 area.
Time sensitive.
Stop: $0.15083 or higher
should be able to get 2.5R+ on this trade.
DTT strategy applied.
Market still not at weekly potential HL area, likely will continue to trend down until we reach there- around $0.13678- That's where I anticipate enough demand might come in to reverse the market to the upside
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