$OP Short 10x | The sellers control it, and the invalidation is clear and easy.
I’ve reached the liquidity zone I was targeting with OP. I entered the trade, but the market still needs confirmation of the bearish thesis.
Trading plan:
- Entry: 0.12493 – 0.12565
- Target 1: 0.12267 (risk-to-reward R:R 1:0.8)
- Target 2: 0.12093 (R:R 1:1.2)
- Target 3: 0.11831 (R:R 1:2.0)
- Stop loss: 0.12878
Why this setup?
- The setup remains valid because the 4-hour structure aligns with the 1D range context confined within a range at this sensitive area.
- RSI15 at 46 indicates neutral momentum, allowing room for downside; I’m looking for sellers to take advantage of it, not just pass through.
- The current trading volume is 0.35x, with 1.35M traded versus 3.86M expected, suggesting real selling-side participation.
Trade it here 👇 and tell me what you think: a strategic short opportunity, or a setup designed to trap late sellers?
I’ve reached the liquidity zone I was targeting with OP. I entered the trade, but the market still needs confirmation of the bearish thesis.
Trading plan:
- Entry: 0.12493 – 0.12565
- Target 1: 0.12267 (risk-to-reward R:R 1:0.8)
- Target 2: 0.12093 (R:R 1:1.2)
- Target 3: 0.11831 (R:R 1:2.0)
- Stop loss: 0.12878
Why this setup?
- The setup remains valid because the 4-hour structure aligns with the 1D range context confined within a range at this sensitive area.
- RSI15 at 46 indicates neutral momentum, allowing room for downside; I’m looking for sellers to take advantage of it, not just pass through.
- The current trading volume is 0.35x, with 1.35M traded versus 3.86M expected, suggesting real selling-side participation.
Trade it here 👇 and tell me what you think: a strategic short opportunity, or a setup designed to trap late sellers?