$AIO — I’m Taking the SHORT Side
I wasn’t looking to short $AIO at first, but the $0.0470–$0.0480 zone is where I’m seeing the risk clearly. For me, this is a simple rejection setup with downside targets already mapped out.
MY TRADE PLAN
Bias: SHORT
Entry: $0.0470 – $0.0480
TP1: $0.0450
TP2: $0.0430
Stop Loss: $0.0505
Invalidation: Break above $0.0505
I’m targeting $0.0450 first and then $0.0430 if selling pressure continues. My invalidation stays at $0.0505, so I know exactly where I’m wrong.
My call: SHORT $AIO.
$AIO
I wasn’t looking to short $AIO at first, but the $0.0470–$0.0480 zone is where I’m seeing the risk clearly. For me, this is a simple rejection setup with downside targets already mapped out.
MY TRADE PLAN
Bias: SHORT
Entry: $0.0470 – $0.0480
TP1: $0.0450
TP2: $0.0430
Stop Loss: $0.0505
Invalidation: Break above $0.0505
I’m targeting $0.0450 first and then $0.0430 if selling pressure continues. My invalidation stays at $0.0505, so I know exactly where I’m wrong.
My call: SHORT $AIO.
$AIO