$FOGO short from 4H resistance. 0.00490 holds, 0.00469 next. 0.00501 breaks, I'm out of the idea.
Why this level:
- 4H price 0.00489 below EMA50 0.00536: trend structure still favors sellers
- Risk 2.6% to SL vs 4.1% to TP3: about 1.6R if the full move plays out
🔴 SHORT · Entry 0.004876–0.004896 · TP 0.004811 / 0.004761 / 0.004686 · SL 0.005011
NFA · DYOR
Why this level:
- 4H price 0.00489 below EMA50 0.00536: trend structure still favors sellers
- Risk 2.6% to SL vs 4.1% to TP3: about 1.6R if the full move plays out
🔴 SHORT · Entry 0.004876–0.004896 · TP 0.004811 / 0.004761 / 0.004686 · SL 0.005011
NFA · DYOR