$COIN
The setup I'm using to manage my position.
I am placing a short order here after price successfully executed a clean bearish rejection on a 4H order block. While whales are mostly net long, they are now significantly in profit, raising the possibility of dynamic profit-taking.
Bias: 🔴 SHORT
Entry Zone: 175.50 - 179.00
Target 1: 169.00
Target 2: 161.50
Target 3: 154.00
Invalidation: 183.00
Entering this short with the trend, or waiting for higher confirm?
The setup I'm using to manage my position.
I am placing a short order here after price successfully executed a clean bearish rejection on a 4H order block. While whales are mostly net long, they are now significantly in profit, raising the possibility of dynamic profit-taking.
Bias: 🔴 SHORT
Entry Zone: 175.50 - 179.00
Target 1: 169.00
Target 2: 161.50
Target 3: 154.00
Invalidation: 183.00
Entering this short with the trend, or waiting for higher confirm?
