MEWUSDT SHORT IDEA
Back again with MEWUSDT.
Last attempt at shorting Mew was indeed a failed trade but we maintain an unbiased stance and accept that losses are inevitable in trading.
MEW has formed a triple top formation using the mid range support (also a major Fibonacci support) as a pivot for its three peaks.
its quite an obvious trade and will trigger a short position if the neckline is broken and retested, upon which I will enter on a satisfactory retest and aim for the range support.
ANYTHING CAN HAPPEN.
Last attempt at shorting Mew was indeed a failed trade but we maintain an unbiased stance and accept that losses are inevitable in trading.
MEW has formed a triple top formation using the mid range support (also a major Fibonacci support) as a pivot for its three peaks.
its quite an obvious trade and will trigger a short position if the neckline is broken and retested, upon which I will enter on a satisfactory retest and aim for the range support.
ANYTHING CAN HAPPEN.
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