🔴 $ETC SHORT setup · 15m
Price just smashed through its recent short-term range on the fifteen-minute chart.
📍 Entry 6.697
🎯 TP 6.422 (+4.10%)
🛑 SL 6.783 (-1.28%)
⚖️ Risk / Reward 1 : 3.21
Why it triggered
✅ Rule triggers met: Breakdown M5
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ Volume running at 2.17x its 20-candle average
The breakdown below key moving averages, coupled with elevated volume, signals immediate bearish momentum taking hold.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just smashed through its recent short-term range on the fifteen-minute chart.
📍 Entry 6.697
🎯 TP 6.422 (+4.10%)
🛑 SL 6.783 (-1.28%)
⚖️ Risk / Reward 1 : 3.21
Why it triggered
✅ Rule triggers met: Breakdown M5
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ Volume running at 2.17x its 20-candle average
The breakdown below key moving averages, coupled with elevated volume, signals immediate bearish momentum taking hold.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
