๐ด $ETC SHORT setup ยท 15m
Price breaks key support levels on the fifteen-minute chart.
๐ Entry 6.858
๐ฏ TP 6.618 (+3.50%)
๐ SL 6.964 (-1.55%)
โ๏ธ Risk / Reward 1 : 2.26
Why it triggered
โ Rule triggers met: Breakdown M5, ADX downtrend
โ Price broke down through its recent short-term range
โ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
โ Volume running at 2.16x its 20-candle average
The breakdown below the recent range, coupled with EMAs stacking lower, signals immediate downside pressure. High volume confirms conviction behind this move.
๐ Watch: A decisive break below the next major support zone.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price breaks key support levels on the fifteen-minute chart.
๐ Entry 6.858
๐ฏ TP 6.618 (+3.50%)
๐ SL 6.964 (-1.55%)
โ๏ธ Risk / Reward 1 : 2.26
Why it triggered
โ Rule triggers met: Breakdown M5, ADX downtrend
โ Price broke down through its recent short-term range
โ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
โ Volume running at 2.16x its 20-candle average
The breakdown below the recent range, coupled with EMAs stacking lower, signals immediate downside pressure. High volume confirms conviction behind this move.
๐ Watch: A decisive break below the next major support zone.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
