$SOPH short: 0.00162 on the 4H is the ceiling sellers have to hold. 0.00154 next. 0.00167 breaks, I'm out of the idea.
Why it's on my radar:
- 4H price 0.00162 below EMA50 0.00212, trend structure still favors sellers
- Risk 3.3% to SL vs 5.2% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 0.001617–0.001625 · TP 0.001589 / 0.001568 / 0.001536 · SL 0.001674
NFA · DYOR
Why it's on my radar:
- 4H price 0.00162 below EMA50 0.00212, trend structure still favors sellers
- Risk 3.3% to SL vs 5.2% to TP3, about 1.6R if the full move plays out
🔴 SHORT · Entry 0.001617–0.001625 · TP 0.001589 / 0.001568 / 0.001536 · SL 0.001674
NFA · DYOR