3% stop equals about a 0.9% move per 3x contract; with 5x leverage the risk stays under 2% of equity, IRYS is battling a broken swing low and looks primed for a short swing.
🔴 $IRYS SHORT 📉 — Trade Plan
• Entry: $0.018012 – $0.018048
• Stop: $0.018571 (-3.0%)
• Target 1: $0.017760 (+1.5%)
• Target 2: $0.017129 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke lower, confirming a change of character, while CVD turned bearish, an FVG sits right above the break and the order block aligns, giving a clean liquidity sweep. POI confluence of the order block and FVG makes the entry aggressive but high probability.
3.0% SL is fairly tight; 5x leverage keeps the position size modest.
Take half profit around the first target as the price fills the initial FVG.
Not financial advice — always manage your own risk 🙏
$IRYS #IRYSUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $IRYS SHORT 📉 — Trade Plan
• Entry: $0.018012 – $0.018048
• Stop: $0.018571 (-3.0%)
• Target 1: $0.017760 (+1.5%)
• Target 2: $0.017129 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market structure broke lower, confirming a change of character, while CVD turned bearish, an FVG sits right above the break and the order block aligns, giving a clean liquidity sweep. POI confluence of the order block and FVG makes the entry aggressive but high probability.
3.0% SL is fairly tight; 5x leverage keeps the position size modest.
Take half profit around the first target as the price fills the initial FVG.
Not financial advice — always manage your own risk 🙏
$IRYS #IRYSUSDT #CPIWatch #TradingSignals #Write2Earn