APE bear flag
APE / TetherUS BINANCE:APEUSDT
Price in mid term down trend, retested previous breakout area as resistance. Had a 50% retracement , rejecting at resistance / 50% fib level. Began to see wicks at upper bb band, price over extended – ma crossing bearish on stoch . Closed with a bearish engulfing on 15 min.
Stop loss: Placed above resistance – past high wick
Take profit: At support low – half order. Second half to hold on to break of flag – fib extension levels
