🔴 HEMI | SHORT exploratory entry
I’m taking a SHORT exploratory position in HEMI around 0.02049, after a very strong expansion that pushed the price up to the 0.0208–0.0227 zone.
The idea I’m watching is the formation of a possible double top. In 15m and 1H the price is showing difficulty in continuing immediately after the impulse, while the move is already quite extended.
📍 Approximate entry: 0.02157
⚠️ IMPORTANT: this is a HIGH-RISK trade. We’re trying to anticipate a possible exhaustion after a very vertical rise, so there is still NO confirmation of a double top.
The position will be managed and adjusted as the structure develops. If the market invalidates the hypothesis, we exit; if it confirms weakness, we can manage the position according to what the price starts to show.
🚨 This is NOT a trading signal nor an invitation to copy the trade. I’m sharing my entry and the rationale behind it to document the follow-up.
Hypothesis first. Confirmation after. Always manage.
$HEMI #CAMomentum #TradingCommunity #Short
I’m taking a SHORT exploratory position in HEMI around 0.02049, after a very strong expansion that pushed the price up to the 0.0208–0.0227 zone.
The idea I’m watching is the formation of a possible double top. In 15m and 1H the price is showing difficulty in continuing immediately after the impulse, while the move is already quite extended.
📍 Approximate entry: 0.02157
⚠️ IMPORTANT: this is a HIGH-RISK trade. We’re trying to anticipate a possible exhaustion after a very vertical rise, so there is still NO confirmation of a double top.
The position will be managed and adjusted as the structure develops. If the market invalidates the hypothesis, we exit; if it confirms weakness, we can manage the position according to what the price starts to show.
🚨 This is NOT a trading signal nor an invitation to copy the trade. I’m sharing my entry and the rationale behind it to document the follow-up.
Hypothesis first. Confirmation after. Always manage.
$HEMI #CAMomentum #TradingCommunity #Short