🔴 $NEAR SHORT setup · 15m
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 3.384
🎯 TP 3.293 (+2.70%)
🛑 SL 3.420 (-1.05%)
⚖️ Risk / Reward 1 : 2.57
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ ADX 29.4: a real trend is in play, not just noise
The breakdown below key moving averages, coupled with a decreasing MACD histogram, signals bearish momentum. The rising ADX confirms this move has underlying trend strength.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price just shattered its recent short-term range on the fifteen-minute chart.
📍 Entry 3.384
🎯 TP 3.293 (+2.70%)
🛑 SL 3.420 (-1.05%)
⚖️ Risk / Reward 1 : 2.57
Why it triggered
✅ Rule triggers met: Breakdown M5, MACD histogram decreasing
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ ADX 29.4: a real trend is in play, not just noise
The breakdown below key moving averages, coupled with a decreasing MACD histogram, signals bearish momentum. The rising ADX confirms this move has underlying trend strength.
👀 Watch: A decisive break below the next major support level is needed.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
