🔴 $LINK SHORT setup · 15m
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 10.800
🎯 TP 10.379 (+3.90%)
🛑 SL 10.926 (-1.17%)
⚖️ Risk / Reward 1 : 3.35
Why it triggered
✅ Rule triggers met: Breakdown M5, EMA bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 44.8: momentum still has room, not overextended
The breakdown below key moving averages confirms bearish momentum. The reading on the momentum indicator suggests room for further downside movement.
👀 Watch: A break below the lower support level confirms the bearish move.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 10.800
🎯 TP 10.379 (+3.90%)
🛑 SL 10.926 (-1.17%)
⚖️ Risk / Reward 1 : 3.35
Why it triggered
✅ Rule triggers met: Breakdown M5, EMA bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 44.8: momentum still has room, not overextended
The breakdown below key moving averages confirms bearish momentum. The reading on the momentum indicator suggests room for further downside movement.
👀 Watch: A break below the lower support level confirms the bearish move.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
