#Alcoa- At Key Level To Short To The Lows Of The Range! #AA
Traders,
A nice short to take advantage of. A nice pullback after a bearish impulse move has landed us at 50 moving average and the 0.5 Fibonacci retracement. It's clear from the candles that investors weakened at the 50MA resistance and support and resistance transition zone, which implies we have a high probability short situation.
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Best of luck,
Tom
A nice short to take advantage of. A nice pullback after a bearish impulse move has landed us at 50 moving average and the 0.5 Fibonacci retracement. It's clear from the candles that investors weakened at the 50MA resistance and support and resistance transition zone, which implies we have a high probability short situation.
-----Interested in joining my professional signals group, or receiving my personalized online professional trading tuition? Message me here on Trading view or email me with the email address on my trading view profile page-----
Best of luck,
Tom