$GTC reacted well after taking liquidity.
Open interest is expanding with the move, and volume is backing the move.
For me, the cleaner trade is a rejection around $0.11213–$0.11281, not a late short underneath it. The setup is invalid if price cleanly crosses $0.11315.
Would you trade this short setup now, or wait for a cleaner reaction?
#GTC #Trading
Trade plan: SHORT
Entry: $0.11213 - $0.11281
SL: $0.11315
TP1: $0.11171
TP2: $0.11144
TP3: $0.11144
Open interest is expanding with the move, and volume is backing the move.
For me, the cleaner trade is a rejection around $0.11213–$0.11281, not a late short underneath it. The setup is invalid if price cleanly crosses $0.11315.
Would you trade this short setup now, or wait for a cleaner reaction?
#GTC #Trading
Trade plan: SHORT
Entry: $0.11213 - $0.11281
SL: $0.11315
TP1: $0.11171
TP2: $0.11144
TP3: $0.11144
