💵$POL Short Update: Why I’m Taking Half Off at 0.0858💵
Fifteen hours in, the short is working, though not smoothly.
1/ Where we are. Entry zone $POL was 0.0869–0.0870 and price is 0.0858, so a bit under +0.5R. The stop at 0.08932 and target at 0.08230 haven’t changed.
2/ What still holds. $BTC is bearish on both the 4h and the daily, and it’s down 14% over 30 days. Funding is flat, so the short side isn’t crowded.
3/ What bothers me. The last 4h candle closed back inside the EMA channel instead of below it. Price also poked up to 0.0886, a fresh high, and 0.0853 has held twice from above.
4/ The move. Close 50% here and keep the rest with the original plan. If 0.0853 breaks, the remaining half has room to run toward 0.0823. If it holds again, half the profit is already banked.
Do you take partial profit when a trade stalls, or let the plan play out?
Test signals from a strategy in development, not investment advice.
#pol #cryptotrading #RiskManagement #ShortSetups #TradingSignals
Fifteen hours in, the short is working, though not smoothly.
1/ Where we are. Entry zone $POL was 0.0869–0.0870 and price is 0.0858, so a bit under +0.5R. The stop at 0.08932 and target at 0.08230 haven’t changed.
2/ What still holds. $BTC is bearish on both the 4h and the daily, and it’s down 14% over 30 days. Funding is flat, so the short side isn’t crowded.
3/ What bothers me. The last 4h candle closed back inside the EMA channel instead of below it. Price also poked up to 0.0886, a fresh high, and 0.0853 has held twice from above.
4/ The move. Close 50% here and keep the rest with the original plan. If 0.0853 breaks, the remaining half has room to run toward 0.0823. If it holds again, half the profit is already banked.
Do you take partial profit when a trade stalls, or let the plan play out?
Test signals from a strategy in development, not investment advice.
#pol #cryptotrading #RiskManagement #ShortSetups #TradingSignals
