Here is a structured execution model for an aggressive 15-minute short scalp on $NMR /USDT at $16.255.
Trade Setup Framework
Entry Price: ~$16.255 (Limit / Market fill on rejection wick)
Stop-Loss (SL): $16.520 (~1.63% risk above local high / 15m supply zone)
Take-Profit 1 (TP1): $15.980 (Quick scaling level / local support)
Take-Profit 2 (TP2): $15.650 (Major 15m liquidity sweep target)
Risk/Reward Ratio (R:R): ~2.2 : 1 (to TP2)
Key Execution Criteria (Check before entry)
Price Action Confirmation: Ensure the 15-minute candle closes with upper-wick exhaustion (e.g., shooting star or bearish engulfing) near $16.255–$16.300 rather than breaking out with high volume.
RSI / Momentum Divergence: Look for bearish RSI divergence on the 5m/15m charts near or above the 70 overbought threshold.
Volume Check: Confirm decreasing buy volume into resistance; if volume spikes rapidly upwards, cancel short limits to avoid getting caught in a short squeeze.
Risk Management Reminders
Scalp Horizon: Keep trade duration tight (typically 15 to 60 minutes).
Position Sizing: Use strict position sizing (1–2% portfolio risk max per trade).
Trailing Stop: Move SL to breakeven ($16.255) as soon as TP1 ($15.980) is hit to secure a risk-free hold for TP2.
Trade Setup Framework
Entry Price: ~$16.255 (Limit / Market fill on rejection wick)
Stop-Loss (SL): $16.520 (~1.63% risk above local high / 15m supply zone)
Take-Profit 1 (TP1): $15.980 (Quick scaling level / local support)
Take-Profit 2 (TP2): $15.650 (Major 15m liquidity sweep target)
Risk/Reward Ratio (R:R): ~2.2 : 1 (to TP2)
Key Execution Criteria (Check before entry)
Price Action Confirmation: Ensure the 15-minute candle closes with upper-wick exhaustion (e.g., shooting star or bearish engulfing) near $16.255–$16.300 rather than breaking out with high volume.
RSI / Momentum Divergence: Look for bearish RSI divergence on the 5m/15m charts near or above the 70 overbought threshold.
Volume Check: Confirm decreasing buy volume into resistance; if volume spikes rapidly upwards, cancel short limits to avoid getting caught in a short squeeze.
Risk Management Reminders
Scalp Horizon: Keep trade duration tight (typically 15 to 60 minutes).
Position Sizing: Use strict position sizing (1–2% portfolio risk max per trade).
Trailing Stop: Move SL to breakeven ($16.255) as soon as TP1 ($15.980) is hit to secure a risk-free hold for TP2.