MASKUSDT.P Order Block + MACD Cross (Short) 5/23/2023

23 maj 2023This chart shows a potential short position when it retests the most recent bearish order block. Multiple shadow wicks are visible, MACD crossed, bearish 200 EMA, and there are no fair value gaps to be filled above, which makes it less likely to have a pump. A change of character also happened recently which supports our short position for this bearish market structure. Our take profit will be in the recent low, but we can take partial profits along the way.