$EVAA reacted well after taking liquidity.
Open interest is expanding with the move, and volume is backing the move.
For me, the cleaner trade is a rejection around $0.6067–$0.611, not a late short underneath it. The setup is invalid if price cleanly crosses $0.6155.
Would you trade this short setup now, or wait for a cleaner reaction?
#EVAA #Trading
Trade plan: SHORT
Entry: $0.6067 - $0.611
SL: $0.6155
TP1: $0.589
TP2: $0.5784
TP3: $0.5763
Open interest is expanding with the move, and volume is backing the move.
For me, the cleaner trade is a rejection around $0.6067–$0.611, not a late short underneath it. The setup is invalid if price cleanly crosses $0.6155.
Would you trade this short setup now, or wait for a cleaner reaction?
#EVAA #Trading
Trade plan: SHORT
Entry: $0.6067 - $0.611
SL: $0.6155
TP1: $0.589
TP2: $0.5784
TP3: $0.5763
