BR is battling a descending channel with sellers in control, and the price sits just under the latest swing low. Momentum is fading on the 4âhour chart.
đ´ $BR SHORT đ â Trade Plan
⢠Entry: $1.0409 â $1.0429
⢠Stop: $1.0732 (-3.0%)
⢠Target 1: $1.0263 (+1.5%)
⢠Target 2: $0.989805 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The lower market structure break (CHoCH) triggered a liquidity sweep that hit the recent low, and the order block overlaps a fairâvalue gap, forming a strong POI. CVD volume is loading on the downside, confirming the bearish push. All these confluences point to a short setup.
A 3.0% stop loss is relatively tight, so keep leverage at or below 5x to avoid liquidation.
Scale out half the position at TP1, roughly a 1.8% move in your favor.
As always: manage your risk, this is not financial advice đ
$BR #BRUSDT #AIStocksWhatNext #TradingSignals #Write2Earn
đ´ $BR SHORT đ â Trade Plan
⢠Entry: $1.0409 â $1.0429
⢠Stop: $1.0732 (-3.0%)
⢠Target 1: $1.0263 (+1.5%)
⢠Target 2: $0.989805 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
The lower market structure break (CHoCH) triggered a liquidity sweep that hit the recent low, and the order block overlaps a fairâvalue gap, forming a strong POI. CVD volume is loading on the downside, confirming the bearish push. All these confluences point to a short setup.
A 3.0% stop loss is relatively tight, so keep leverage at or below 5x to avoid liquidation.
Scale out half the position at TP1, roughly a 1.8% move in your favor.
As always: manage your risk, this is not financial advice đ
$BR #BRUSDT #AIStocksWhatNext #TradingSignals #Write2Earn