Another $BEAT trade update and this one is a reminder that not every setup goes exactly as planned.
I opened a SHORT at 0.09615, but price moved against my entry. I'm not going to hide the red trades. That's part of trading, and I'm sharing the reality just as I share my wins.
Now let's look at the chart. 👇
🔴 My current bias: SHORT
Here's why❓
- Price is trading below MA(7), MA(25) and MA(99).
- Strong selling pressure is visible on the latest candles.
- RSI is around 33, showing weak momentum, although a short-term bounce is possible.
- 0.0975 is the key support I'm watching.
SHORT setup I'm watching:
- TP: 0.0966 / 0.0959
- SL: 0.1010
One thing I've learned from trading: protecting capital matters more than proving your prediction right.
What's your view on #beat ? More downside coming or are buyers preparing a comeback?
OPEN TRADE 👇🏻
$AIN #trading $1000CAT
I opened a SHORT at 0.09615, but price moved against my entry. I'm not going to hide the red trades. That's part of trading, and I'm sharing the reality just as I share my wins.
Now let's look at the chart. 👇
🔴 My current bias: SHORT
Here's why❓
- Price is trading below MA(7), MA(25) and MA(99).
- Strong selling pressure is visible on the latest candles.
- RSI is around 33, showing weak momentum, although a short-term bounce is possible.
- 0.0975 is the key support I'm watching.
SHORT setup I'm watching:
- TP: 0.0966 / 0.0959
- SL: 0.1010
One thing I've learned from trading: protecting capital matters more than proving your prediction right.
What's your view on #beat ? More downside coming or are buyers preparing a comeback?
OPEN TRADE 👇🏻
$AIN #trading $1000CAT
