$FOGO Short 50x | Supply zone hit, execution over opinion.
FOGO has finally tapped the supply pocket I mapped for this entry. Position is live, and sellers now have to defend the plan.
Trade Plan:
- Entry: 0.00629 – 0.00631
- TP1: 0.00622 (R:R 1:0.7)
- TP2: 0.00617 (R:R 1:1.2)
- TP3: 0.00609 (R:R 1:2.0)
- SL: 0.00641
Why this setup?
- This short is not floating in empty space: 4h structure is aligned while 1D stays bearish around 0.00629–0.00631.
- 15m RSI sits at 43, leaving room for sellers to keep pressing lower as long as the zone holds.
- Volume supports execution, with 0.49x pace and 1.39M traded against 2.84M expected.
Trade here 👇 and Which is cleaner here: short from supply, or wait for the breakdown before touching it?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
FOGO has finally tapped the supply pocket I mapped for this entry. Position is live, and sellers now have to defend the plan.
Trade Plan:
- Entry: 0.00629 – 0.00631
- TP1: 0.00622 (R:R 1:0.7)
- TP2: 0.00617 (R:R 1:1.2)
- TP3: 0.00609 (R:R 1:2.0)
- SL: 0.00641
Why this setup?
- This short is not floating in empty space: 4h structure is aligned while 1D stays bearish around 0.00629–0.00631.
- 15m RSI sits at 43, leaving room for sellers to keep pressing lower as long as the zone holds.
- Volume supports execution, with 0.49x pace and 1.39M traded against 2.84M expected.
Trade here 👇 and Which is cleaner here: short from supply, or wait for the breakdown before touching it?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
