MAGMA's breaking lower, looks primed to slide into the next zone.
๐ด $MAGMA SHORT ๐
Entry $0.459780-$0.460700 | SL $0.474047 (-3.0%) | TP1 $0.453336 (+1.5%) | TP2 $0.437228 (+5.0%) | R/R 1:1.7 | Conf 64%
We caught a CHoCH on the 1โhour, CVD flipping bearish and a fresh FVG overlapping an OB โ solid short confluence. The price is respecting the downโtrend and eyeing the next swing low.
A 3.0% stop is fairly tight, so keep leverage around 5โ10x.
Lock in half profit at the first target, roughly a 1.7R move.
Not financial advice โ trade only what you can afford to lose ๐
$MAGMA #MAGMAUSDT #curse #TradingSignals #Write2Earn
๐ด $MAGMA SHORT ๐
Entry $0.459780-$0.460700 | SL $0.474047 (-3.0%) | TP1 $0.453336 (+1.5%) | TP2 $0.437228 (+5.0%) | R/R 1:1.7 | Conf 64%
We caught a CHoCH on the 1โhour, CVD flipping bearish and a fresh FVG overlapping an OB โ solid short confluence. The price is respecting the downโtrend and eyeing the next swing low.
A 3.0% stop is fairly tight, so keep leverage around 5โ10x.
Lock in half profit at the first target, roughly a 1.7R move.
Not financial advice โ trade only what you can afford to lose ๐
$MAGMA #MAGMAUSDT #curse #TradingSignals #Write2Earn