$FIL short: 1.00–1.003 is the 4H wall sellers need to hold
Price sits under the EMA50 here, so I'm watching for a fade, not a chase. Sellers show up at 1.00 or I leave it alone.
Why this level:
- 4H price 1.00 sits below the EMA50 at 1.08, so structure still favors sellers
- Risk 1.6% to the stop against 2.6% to TP3, about 1.6R if the move plays out
- BTC short-term trend is bearish, a tailwind for this idea
🔴 SHORT · Entry 1.000–1.003 · TP 0.991 / 0.985 / 0.975 · SL 1.018
NFA · DYOR
Price sits under the EMA50 here, so I'm watching for a fade, not a chase. Sellers show up at 1.00 or I leave it alone.
Why this level:
- 4H price 1.00 sits below the EMA50 at 1.08, so structure still favors sellers
- Risk 1.6% to the stop against 2.6% to TP3, about 1.6R if the move plays out
- BTC short-term trend is bearish, a tailwind for this idea
🔴 SHORT · Entry 1.000–1.003 · TP 0.991 / 0.985 / 0.975 · SL 1.018
NFA · DYOR