Short on $SPX: broke the level of the last 8 days.
The 1h candle closed below 0.4177, the minimum of the last 8 days. Entry at 0.4164.
ADX at 39 with the DI- (36) above the DI+ (7): the bearish trend has strength.
Stop at 0.4333 (4.1% above the entry). No fixed target: the stop moves down as the price falls.
The risk per trade is small and the stop is always respected.
This is not financial advice—do your own research and adjust your risk.
$SPX #trading #crypto
The 1h candle closed below 0.4177, the minimum of the last 8 days. Entry at 0.4164.
ADX at 39 with the DI- (36) above the DI+ (7): the bearish trend has strength.
Stop at 0.4333 (4.1% above the entry). No fixed target: the stop moves down as the price falls.
The risk per trade is small and the stop is always respected.
This is not financial advice—do your own research and adjust your risk.
$SPX #trading #crypto