Short selling deal (SHORT) – $ALLO
Based on the failure of the breakout and the price’s rebound from the upper resistance levels, a sell trade was activated under the following conditions:
· Entry zone: 0.338 – 0.345$
· Targets: 0.325 / 0.310 / 0.295 / 0.280$
· Stop loss: 0.358$
Brief analysis:
The price shows difficulty in holding above the resistance, with the upward momentum fading. If the 0.330$ level is broken, we expect the bearish wave to extend toward lower support zones.
Disclaimer: Trading CFDs involves high risk. It is recommended to adhere to risk management and monitor the position in real time.
#Alloa
Based on the failure of the breakout and the price’s rebound from the upper resistance levels, a sell trade was activated under the following conditions:
· Entry zone: 0.338 – 0.345$
· Targets: 0.325 / 0.310 / 0.295 / 0.280$
· Stop loss: 0.358$
Brief analysis:
The price shows difficulty in holding above the resistance, with the upward momentum fading. If the 0.330$ level is broken, we expect the bearish wave to extend toward lower support zones.
Disclaimer: Trading CFDs involves high risk. It is recommended to adhere to risk management and monitor the position in real time.
#Alloa