🔴 $BCH SHORT setup · 15m
The recent range break confirms bearish momentum on the fifteen-minute chart.
📍 Entry 204.600
🎯 TP 196.211 (+4.10%)
🛑 SL 207.434 (-1.39%)
⚖️ Risk / Reward 1 : 2.96
Why it triggered
✅ Rule triggers met: Breakdown M5, EMA bearish, MACD histogram decreasing
✅ 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 1.64x its 20-candle average
Price action below key moving averages, coupled with decreasing MACD momentum and elevated volume, signals continued downward pressure.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
The recent range break confirms bearish momentum on the fifteen-minute chart.
📍 Entry 204.600
🎯 TP 196.211 (+4.10%)
🛑 SL 207.434 (-1.39%)
⚖️ Risk / Reward 1 : 2.96
Why it triggered
✅ Rule triggers met: Breakdown M5, EMA bearish, MACD histogram decreasing
✅ 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 1.64x its 20-candle average
Price action below key moving averages, coupled with decreasing MACD momentum and elevated volume, signals continued downward pressure.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
