$ONG Short 50x | Trigger zone hit, risk defined.
ONG just tapped the zone I mapped before the move even started. I'm live in this short with a hard invalidation, so the level does the talking.
Trade Plan:
- Entry: 0.16339 â 0.16857
- TP1: 0.13799 (R:R 1:0.7)
- TP2: 0.11932 (R:R 1:1.2)
- TP3: 0.09133 (R:R 1:2.0)
- SL: 0.20331
Why this setup?
- The 4h structure and the 1D range are converging right where I want them to.
- RSI15 at 65 still has room to fade, and that's the edge I'm trading.
- Volume at 0.53x with 22.58M done versus 42.28M expected confirms sellers are actually showing up.
My call. Your execution..
Trade here đ and Do you wait for the first rejection candle, or jump in at the zone and trust the invalidation?
ONG just tapped the zone I mapped before the move even started. I'm live in this short with a hard invalidation, so the level does the talking.
Trade Plan:
- Entry: 0.16339 â 0.16857
- TP1: 0.13799 (R:R 1:0.7)
- TP2: 0.11932 (R:R 1:1.2)
- TP3: 0.09133 (R:R 1:2.0)
- SL: 0.20331
Why this setup?
- The 4h structure and the 1D range are converging right where I want them to.
- RSI15 at 65 still has room to fade, and that's the edge I'm trading.
- Volume at 0.53x with 22.58M done versus 42.28M expected confirms sellers are actually showing up.
My call. Your execution..
Trade here đ and Do you wait for the first rejection candle, or jump in at the zone and trust the invalidation?
