YY INC Stock NASDAQ -H1 Bearish Continue Rectangle & Short Setup

$NASDAQ:YY INC Stock NASDAQ -H1 Bearish Continue Rectangle Formation and Short Setup

Description: FXAndalanBangsa found a Bearish Continue Rectangle formation on H1 Chart Timeframe.

Trade Period: Intraday Trading

Instrument: $NASDAQ:YY INC Stock NASDAQ

Time Frame: H1

The trend in the Timeframe: Bearish

The trend in the Daily Chart:  Bearish

Trade Based On: The Bearish Continue Rectangle Pattern

Accuracy: %82

Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage

Trade:  Short

The Area Of The Entry: 65.35-66.35

Stop Loss: 67.75

Target 1: 58.30


You can follow the setup: Bearish Continue Rectangle Pattern