Don’t let disagreements distract you—the high risk/reward setup is the main focus. $AVA The moving averages on both the 4-hour and 1-hour charts are aligned bearishly, with price below the EMA50 and EMA200. The trend is clearly downward. Although volume has picked up on the rebound, the structure hasn’t changed. At this level, shorting offers a more favorable risk/reward ratio.
The cluster of moving averages overhead is resistance, and the weaker the rebound, the more it shows that sellers are in control. I’m more focused on how price behaves under pressure at the resistance zone than on trying to call a bottom. Keep your position size small and take profits in stages—don’t let one rebound throw off your plan.
🔴 Trade direction: Short
📍 Entry range: 0.2455972 – 0.2465463
🛑 Stop loss: 0.2564473
🎯 Take profit 1: 0.2382901
🎯 Take profit 2: 0.2331023
🎯 Take profit 3: 0.2253206
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Walk with Uncle Xiong and witness the world of gains and losses.
#AVA
Tap below to trade 👇
The cluster of moving averages overhead is resistance, and the weaker the rebound, the more it shows that sellers are in control. I’m more focused on how price behaves under pressure at the resistance zone than on trying to call a bottom. Keep your position size small and take profits in stages—don’t let one rebound throw off your plan.
🔴 Trade direction: Short
📍 Entry range: 0.2455972 – 0.2465463
🛑 Stop loss: 0.2564473
🎯 Take profit 1: 0.2382901
🎯 Take profit 2: 0.2331023
🎯 Take profit 3: 0.2253206
Take in the vastness of mountains and seas; observe the market’s subtle shifts.
Walk with Uncle Xiong and witness the world of gains and losses.
#AVA
Tap below to trade 👇