🔴 $BCH SHORT setup · 15m
The recent short-term range has decisively broken down.
📍 Entry 266.940
🎯 TP 255.995 (+4.10%)
🛑 SL 270.647 (-1.39%)
⚖️ Risk / Reward 1 : 2.95
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing, Supertrend bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 43.8: momentum still has room, not overextended
The confluence of the MACD and Supertrend bearish signals, combined with price below key moving averages, points to continued downward pressure.
👀 Watch: A decisive break below the lower support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
The recent short-term range has decisively broken down.
📍 Entry 266.940
🎯 TP 255.995 (+4.10%)
🛑 SL 270.647 (-1.39%)
⚖️ Risk / Reward 1 : 2.95
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing, Supertrend bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 43.8: momentum still has room, not overextended
The confluence of the MACD and Supertrend bearish signals, combined with price below key moving averages, points to continued downward pressure.
👀 Watch: A decisive break below the lower support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
