$US just swept a key level and reclaimed it.
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
I would rather see price reject around $0.010413–$0.010488 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.010605.
Would you trade this short setup now, or wait for a cleaner reaction?
#US #Trading
Trade plan: SHORT
Entry: $0.010413 - $0.010488
SL: $0.010605
TP1: $0.010143
TP2: $0.009921
TP3: $0.009699
The 1h/4h context still favors sellers, and aggressive selling is still showing up.
I would rather see price reject around $0.010413–$0.010488 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.010605.
Would you trade this short setup now, or wait for a cleaner reaction?
#US #Trading
Trade plan: SHORT
Entry: $0.010413 - $0.010488
SL: $0.010605
TP1: $0.010143
TP2: $0.009921
TP3: $0.009699