$NIL 🔻
NIL just swept lows and is offering a retest for a short.
Setup: Short
Position Entry: 0.11267
Risk Level: 0.12231
TP: 0.08549
The trend is bearish, confirmed by a fresh change of character breaking the 0.12231 level. Price is currently retesting that broken level from below, having just swept sell-side liquidity at the same swing low. This sweep and retest is a classic bearish trigger. While the dealing range zone is technically a discount, the immediate structure is bearish, and the nearest open sell-side liquidity sits at the 0.08549 swing low, which serves as a logical target. The stop is placed just above the recent swing high that defined the change of character, keeping risk defined.
Size it sensibly and let the trade breathe.
#CryptoFamily #Trading #NIL
NIL just swept lows and is offering a retest for a short.
Setup: Short
Position Entry: 0.11267
Risk Level: 0.12231
TP: 0.08549
The trend is bearish, confirmed by a fresh change of character breaking the 0.12231 level. Price is currently retesting that broken level from below, having just swept sell-side liquidity at the same swing low. This sweep and retest is a classic bearish trigger. While the dealing range zone is technically a discount, the immediate structure is bearish, and the nearest open sell-side liquidity sits at the 0.08549 swing low, which serves as a logical target. The stop is placed just above the recent swing high that defined the change of character, keeping risk defined.
Size it sensibly and let the trade breathe.
#CryptoFamily #Trading #NIL