TLM is showing signs of vulnerability after a market structure break, setting up a potential short opportunity. Current price action is confirming a shift in momentum.
đŽ $TLM SHORT đ
Entry â $0.001566-$0.001570
Stop â $0.001615 (-3.0%)
TP1 â $0.001544 (+1.5%)
TP2 â $0.001490 (+5.0%)
R/R 1:1.7 âą Confidence 64%
This TLM short setup is looking appealing with multiple signals firing, including the CHoCH, CVD, and FVG, all of which are pointing to a potential downside move. The presence of an order block and liquidity sweep is further reinforcing the bearish case, while the POI confluence adds to the conviction. The overall structure suggests a decent risk/reward proposition.
A 3.0% stop loss seems relatively tight but manageable with 2x leverage, allowing for a reasonable risk/reward ratio of 1:1.7.
Considering taking a partial profit at the first target to lock in some gains and then letting the rest of the position ride, depending on how TLM price action unfolds.
Not financial advice â always manage your own risk đ
$TLM #TLMUSDT #ACE #TradingSignals #Write2Earn
đŽ $TLM SHORT đ
Entry â $0.001566-$0.001570
Stop â $0.001615 (-3.0%)
TP1 â $0.001544 (+1.5%)
TP2 â $0.001490 (+5.0%)
R/R 1:1.7 âą Confidence 64%
This TLM short setup is looking appealing with multiple signals firing, including the CHoCH, CVD, and FVG, all of which are pointing to a potential downside move. The presence of an order block and liquidity sweep is further reinforcing the bearish case, while the POI confluence adds to the conviction. The overall structure suggests a decent risk/reward proposition.
A 3.0% stop loss seems relatively tight but manageable with 2x leverage, allowing for a reasonable risk/reward ratio of 1:1.7.
Considering taking a partial profit at the first target to lock in some gains and then letting the rest of the position ride, depending on how TLM price action unfolds.
Not financial advice â always manage your own risk đ
$TLM #TLMUSDT #ACE #TradingSignals #Write2Earn