$BICO — Short Position (20x Leverage) 📉
$BICO. has finally stepped into the downside zone I mapped out. I am currently in the trade; this setup is valid only upon rejection. If the level doesn't hold, the idea is invalidated.
Entry Zone: 0.01950 – 0.01982
🎯 TP1: 0.01793 (1:0.8 RR)
🎯 TP2: 0.01678 (1:1.3 RR)
🎯 TP3: 0.01506 (1:2.0 RR)
🛑 SL: 0.02196
Technical Logic:
The 4H structure continues to support the short bias, with price testing the exact pocket around 0.01966. The 15m RSI is at 43, meaning there is no overbought pressure to stop the slide. Volume is confirming the move with 0.26x pace (1.04M traded vs 3.93M expected).
My call. Your execution.
Trade here 👇
Are you shorting the zone on the first touch, or waiting for a clean break below support to join?
#BICO
$MAGMA
$TRUMP
$BICO. has finally stepped into the downside zone I mapped out. I am currently in the trade; this setup is valid only upon rejection. If the level doesn't hold, the idea is invalidated.
Entry Zone: 0.01950 – 0.01982
🎯 TP1: 0.01793 (1:0.8 RR)
🎯 TP2: 0.01678 (1:1.3 RR)
🎯 TP3: 0.01506 (1:2.0 RR)
🛑 SL: 0.02196
Technical Logic:
The 4H structure continues to support the short bias, with price testing the exact pocket around 0.01966. The 15m RSI is at 43, meaning there is no overbought pressure to stop the slide. Volume is confirming the move with 0.26x pace (1.04M traded vs 3.93M expected).
My call. Your execution.
Trade here 👇
Are you shorting the zone on the first touch, or waiting for a clean break below support to join?
#BICO
$MAGMA
$TRUMP