EDGE is 2.3% under the last swing low, setting up a clear short bias. Volume surge and a broken market structure add pressure.
๐ด $EDGE SHORT ๐
Entry โ $0.626073-$0.627327
Stop โ $0.645501 (-3.0%)
TP1 โ $0.617300 (+1.5%)
TP2 โ $0.595365 (+5.0%)
R/R 1:1.7 โข Confidence 64%
A CHoCH confirmed the down move, while CVD shows aggressive sell volume. The FVG aligns with an OB that also overlaps the POI, and a liquidity sweep cleared the next resistance, creating a tight confluence for the short.
A 3.0% stop is relatively tight; 5-10x leverage keeps risk within a typical 1% equity drawdown.
Take half at the first target around 1.7โฏR to lock in profit.
As always: manage your risk, this is not financial advice ๐
$EDGE #EDGEUSDT #Bitcoin #TradingSignals #Write2Earn
๐ด $EDGE SHORT ๐
Entry โ $0.626073-$0.627327
Stop โ $0.645501 (-3.0%)
TP1 โ $0.617300 (+1.5%)
TP2 โ $0.595365 (+5.0%)
R/R 1:1.7 โข Confidence 64%
A CHoCH confirmed the down move, while CVD shows aggressive sell volume. The FVG aligns with an OB that also overlaps the POI, and a liquidity sweep cleared the next resistance, creating a tight confluence for the short.
A 3.0% stop is relatively tight; 5-10x leverage keeps risk within a typical 1% equity drawdown.
Take half at the first target around 1.7โฏR to lock in profit.
As always: manage your risk, this is not financial advice ๐
$EDGE #EDGEUSDT #Bitcoin #TradingSignals #Write2Earn