$MARSCOIN SHORT 1H | Can sellers defend 0.10347?
Why it matters: 1H trend and market structure are both bearish. The 15M trend also points bearish.
My read: A controlled entry around 0.10323–0.10371 keeps the continuation plan measured. TP1 maps to 1.49R; a move above 0.10527 invalidates the idea.
Entry zone: 0.10323–0.10371
Stop loss: 0.10527
Targets: TP1 0.10078 (1.49R) / TP2 0.10005 (1.9R) / TP3 0.09846 (2.78R)
Scale out: 20% / 30% / 50%
What would you want to see on 15M before considering this entry?
Why it matters: 1H trend and market structure are both bearish. The 15M trend also points bearish.
My read: A controlled entry around 0.10323–0.10371 keeps the continuation plan measured. TP1 maps to 1.49R; a move above 0.10527 invalidates the idea.
Entry zone: 0.10323–0.10371
Stop loss: 0.10527
Targets: TP1 0.10078 (1.49R) / TP2 0.10005 (1.9R) / TP3 0.09846 (2.78R)
Scale out: 20% / 30% / 50%
What would you want to see on 15M before considering this entry?