🔴 $LTC SHORT setup · 15m
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 48.370
🎯 TP 46.580 (+3.70%)
🛑 SL 49.037 (-1.38%)
⚖️ Risk / Reward 1 : 2.68
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing, ADX downtrend
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ ADX 30.2: a real trend is in play, not just noise
The breakdown below key moving averages, coupled with weakening momentum indicators, signals bearish control. The ADX confirms this move has underlying trend strength.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 48.370
🎯 TP 46.580 (+3.70%)
🛑 SL 49.037 (-1.38%)
⚖️ Risk / Reward 1 : 2.68
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing, ADX downtrend
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ ADX 30.2: a real trend is in play, not just noise
The breakdown below key moving averages, coupled with weakening momentum indicators, signals bearish control. The ADX confirms this move has underlying trend strength.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
