$TRUTH broke out — now the retest matters.
Open interest is coming out of the move.
I would rather see price reject around $0.017813–$0.01794 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.018248.
Would you trade this short setup now, or wait for a cleaner reaction?
#TRUTH #Trading
Trade plan: SHORT
Entry: $0.017813 - $0.01794
SL: $0.018248
TP1: $0.017554
TP2: $0.01751
TP3: $0.017
Open interest is coming out of the move.
I would rather see price reject around $0.017813–$0.01794 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.018248.
Would you trade this short setup now, or wait for a cleaner reaction?
#TRUTH #Trading
Trade plan: SHORT
Entry: $0.017813 - $0.01794
SL: $0.018248
TP1: $0.017554
TP2: $0.01751
TP3: $0.017