YELP is almost ready to short [Just an idea]

Hi traders,

We're currently looking at Yelp's daily chart here. There are some good reasons to short soon.

• Previous structure formed at August 2015 and December 2015.
  
• Completed AB=CD=EF pattern
  
• Fibonacci extension confluence
  

Entry: $ 31.63
Stop: $ 33.80
Target: $ 26.60 = R:RR 2.32

Just an idea. Updates will follow.

Trade aktif