$BICO Short 20x | The predicted touch zone is very neatly where the invalidation happens.
Finally, BICO stepped into the exact area I marked—this is where I accept the risk, not where I chase the price. The position has been opened; the only remaining question is whether the supply can hold up under pressure or not.
Trading plan:
- Entry: 0.01930 – 0.01954
- TP1: 0.01858 (R:R 1:0.8)
- TP2: 0.01802 (R:R 1:1.2)
- TP3: 0.01718 (R:R 1:2.0)
- SL: 0.02054
Why this setup?
- The Short thesis remains intact because the 4H structure aligns with the 1D bearish context right at the target zone.
- RSI15 at 70 still has room to drop—momentum is being stretched, not exhausted yet, and I want the sellers to take advantage of that time window.
- Volume confirms participation at 0.77x, with 15.10M traded versus an expected 19.52M—this is real selling, not noise.
My assessment. Now you execute..
Trade it here 👇 and is this a disciplined short order, or are we entering early before a squeeze forces the crowd to pay?