$FORM had this confirmation candle for a potential short squeeze. Typical textbook short squeeze pattern.
That means price is potentially getting ready for a very strong pump that will liquidate all late shorts.
We were short on this one, reached our break even. We adapt as the situation changes.
ENTRY: 1.14 STOP-LOSS: 1.0383 TAKE PROFITS: 2.29, will update if I TP lower. Leverage: 10X
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🟩🟩 FORM LONG TRADE 🟩🟩
$FORM had this confirmation candle for a potential short squeeze. Typical textbook short squeeze pattern.
That means price is potentially getting ready for a very strong pump that will liquidate all late shorts.
We were short on this one, reached our break even. We adapt as the situation changes.
ENTRY: 1.14
STOP-LOSS: 1.0383
TAKE PROFITS: 2.29, will update if I TP lower.
Leverage: 10X