đŽ $ETC SHORT setup · 15m
Price just shattered key support on the fifteen-minute chart.
đ Entry 6.959
đŻ TP 6.702 (+3.70%)
đ SL 7.049 (-1.30%)
âïž Risk / Reward 1 : 2.85
Why it triggered
â Rule triggers met: Breakdown M5
â Price broke down through its recent short-term range
â Price sits below EMA20 and EMA50, with both stacked in the trade's direction
â RSI 47.2: momentum still has room, not overextended
The breakdown below the short-term range, confirmed by key moving averages stacking in the direction, suggests immediate downside pressure. Momentum readings show room for further movement.
đ Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just shattered key support on the fifteen-minute chart.
đ Entry 6.959
đŻ TP 6.702 (+3.70%)
đ SL 7.049 (-1.30%)
âïž Risk / Reward 1 : 2.85
Why it triggered
â Rule triggers met: Breakdown M5
â Price broke down through its recent short-term range
â Price sits below EMA20 and EMA50, with both stacked in the trade's direction
â RSI 47.2: momentum still has room, not overextended
The breakdown below the short-term range, confirmed by key moving averages stacking in the direction, suggests immediate downside pressure. Momentum readings show room for further movement.
đ Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
