Hello my investors,
today I would like to show you my idea for $BAYN (-1,49 %) show you. We are currently in a weekly fair value gap, which is why I expect a short-term trend change. The break of structure and the higher low confirm this idea. Furthermore, the RSI divergence also speaks for a possible trend change.
My 1st take profit is at the lower small zone, which is an FVG. It is possible that the upward movement could end here, which is why I will take profits (approx. 50%). I will hold my remaining position a little longer and hope that we will also reach the 2nd exit.
Plan B:
Provided we bounce off the FVG (red lower zone), I will go short.
Your duck
