Short $ZRO into 1.594–1.602 on the 4H 👀
Sellers have to defend 1.60 here. I want a wick up and a slow fade, not a push through. A close above 1.64 and I drop it.
It's a fade against the trend, 4H still above the EMA50 at 1.59, so the stop matters. Stop 2.9% away, TP3 4.8% away, about 1.6R if the full move plays out. BTC short-term trend bearish, that's on my side here.
🔴 SHORT · Entry 1.594–1.602 · TP 1.569 / 1.550 / 1.522 · SL 1.645
nfa · dyor
Sellers have to defend 1.60 here. I want a wick up and a slow fade, not a push through. A close above 1.64 and I drop it.
It's a fade against the trend, 4H still above the EMA50 at 1.59, so the stop matters. Stop 2.9% away, TP3 4.8% away, about 1.6R if the full move plays out. BTC short-term trend bearish, that's on my side here.
🔴 SHORT · Entry 1.594–1.602 · TP 1.569 / 1.550 / 1.522 · SL 1.645
nfa · dyor
