$MAGMA SHORT SETUP | 1H
A controlled retracement is forming a potential short entry.
Entry zone: 0.23076–0.23281
Stop loss: 0.23575
Targets: TP1 0.22707 (1.19R) / TP2 0.22305 (2.2R) / TP3 0.1877 (11.1R)
Scale out: 30% / 30% / 40%
Considerations: the direction conflicts with the BTC 4H filter; estimated EV is -0.32R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.
A controlled retracement is forming a potential short entry.
Entry zone: 0.23076–0.23281
Stop loss: 0.23575
Targets: TP1 0.22707 (1.19R) / TP2 0.22305 (2.2R) / TP3 0.1877 (11.1R)
Scale out: 30% / 30% / 40%
Considerations: the direction conflicts with the BTC 4H filter; estimated EV is -0.32R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.
