$NIL 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 $0.09351–$0.09396, not a late short underneath it. The setup is invalid if price cleanly crosses $0.09457.
Would you trade this short setup now, or wait for a cleaner reaction?
#NIL #Trading
Trade plan: SHORT
Entry: $0.09351 - $0.09396
SL: $0.09457
TP1: $0.09237
TP2: $0.09161
TP3: $0.0907
Open interest is expanding with the move, and volume is backing the move.
For me, the cleaner trade is a rejection around $0.09351–$0.09396, not a late short underneath it. The setup is invalid if price cleanly crosses $0.09457.
Would you trade this short setup now, or wait for a cleaner reaction?
#NIL #Trading
Trade plan: SHORT
Entry: $0.09351 - $0.09396
SL: $0.09457
TP1: $0.09237
TP2: $0.09161
TP3: $0.0907
