DKNG 2/16/2022
DKNG
After spending all of 2021 moving sideways, we saw a Death cross of 50 and 200 ema and price broke down and entered a Downtrend.
Since Nov. 2021, price has been on a strong downtrend.
The Downtrend needed a breather and pulled back in form of a Bear flag.
Price has pulled back to Fib level 0.382 and we have also seen a couple Gravestone dojis at this level over the past 5 days. This is my que to enter
Will be entering trade to short.
Entry: 22.96
Stop loss : 25.94
Target: 17.58 – RR ratio 1.81
After spending all of 2021 moving sideways, we saw a Death cross of 50 and 200 ema and price broke down and entered a Downtrend.
Since Nov. 2021, price has been on a strong downtrend.
The Downtrend needed a breather and pulled back in form of a Bear flag.
Price has pulled back to Fib level 0.382 and we have also seen a couple Gravestone dojis at this level over the past 5 days. This is my que to enter
Will be entering trade to short.
Entry: 22.96
Stop loss : 25.94
Target: 17.58 – RR ratio 1.81
交易结束：到达目标
Exit: 17.58 - +23.43% - RR ratio 1.81
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