October 12, 20:00
$IMX and $WLD both formed bearish flags on the 4-hour chart and were poised for breakdowns, with aligned direction. BTC and ETH also had double bearish confirmation on the 4-hour chart, so there was some confluence.
$IMX was the cleaner setup: actual breakout R:R of 1:3.23, entry at 0.1881, stop-loss at 0.2005, and targets at 0.1731 / 0.1481. On the breakout candle, aggressive buying accounted for only 32.7%; sellers were in control, and the breakdown was decisive.
$WLD had a similar structure, with an actual breakout R:R of 1:3.86, entry at 0.5399, stop-loss at 0.5874, and targets at 0.4712 / 0.3567. But buying pressure on its breakout candle was relatively strong (nearly 60%), and its breakdown momentum was weaker than IMX’s.
Both trades are essentially two expressions of the same broad bearish market move, so the risks overlap; there isn’t much difference between taking one trade and taking both. Don’t get greedy with leverage, and keep your stop-loss firmly in place.
Not financial advice.
#IMX #WLD #加密货币 #比特币 #Ethereum
$IMX and $WLD both formed bearish flags on the 4-hour chart and were poised for breakdowns, with aligned direction. BTC and ETH also had double bearish confirmation on the 4-hour chart, so there was some confluence.
$IMX was the cleaner setup: actual breakout R:R of 1:3.23, entry at 0.1881, stop-loss at 0.2005, and targets at 0.1731 / 0.1481. On the breakout candle, aggressive buying accounted for only 32.7%; sellers were in control, and the breakdown was decisive.
$WLD had a similar structure, with an actual breakout R:R of 1:3.86, entry at 0.5399, stop-loss at 0.5874, and targets at 0.4712 / 0.3567. But buying pressure on its breakout candle was relatively strong (nearly 60%), and its breakdown momentum was weaker than IMX’s.
Both trades are essentially two expressions of the same broad bearish market move, so the risks overlap; there isn’t much difference between taking one trade and taking both. Don’t get greedy with leverage, and keep your stop-loss firmly in place.
Not financial advice.
#IMX #WLD #加密货币 #比特币 #Ethereum