$MU | ๐ด SHORT โ 1H momentum is leaning bearish
If you're sitting on the sidelines watching $MU , take note ๐ Momentum on the 1H timeframe is leaning bearish, while price remains below the EMA200. The current structure supports a SHORT setup, but price action around the entry zone still needs to be monitored.
๐ SHORT plan
* Entry: 960.9 โ 956.7
* TP1: 944
* TP2: 934.6
* TP3: 929.1
* TP4: 919.5
* SL: 973.7 (approximately 1.5% risk based on this setup)
๐ Key level to watch: Preferably wait for price to react within the Entry zone; avoid chasing after a sharp drop. If things go our way, you can take profits gradually at the set targets. If price reaches 973.7, the SHORT setup is no longer valid according to this plan.
The market shows no mercy, so let's protect our accounts first. ๐
NFA ยท DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN๐
If you're sitting on the sidelines watching $MU , take note ๐ Momentum on the 1H timeframe is leaning bearish, while price remains below the EMA200. The current structure supports a SHORT setup, but price action around the entry zone still needs to be monitored.
๐ SHORT plan
* Entry: 960.9 โ 956.7
* TP1: 944
* TP2: 934.6
* TP3: 929.1
* TP4: 919.5
* SL: 973.7 (approximately 1.5% risk based on this setup)
๐ Key level to watch: Preferably wait for price to react within the Entry zone; avoid chasing after a sharp drop. If things go our way, you can take profits gradually at the set targets. If price reaches 973.7, the SHORT setup is no longer valid according to this plan.
The market shows no mercy, so let's protect our accounts first. ๐
NFA ยท DYOR. This content is for informational purposes only and is not investment advice.
Tap below to trade with SHIN๐