CFG is breaking down right now, with a clear market structure shift unfolding. The momentum is picking up steam, and this short window won't stay open for long.
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🔴 CFG SHORT 📉
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📍 Entry Range: $0.188611 – $0.188989
🛑 Stop Loss: $0.194464 (-3.0%)
🎯 TP1: $0.185968 (+1.5%)
🏆 TP2: $0.179360 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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This CFG short setup is fueled by a potent mix of signals, including a confirmed CHoCH market structure break, volume confirming the direction via CVD, and a significant FVG gap waiting to be filled. The presence of an OB and POI confluence where order blocks and fair value gaps overlap adds substantial conviction to this trade. The stage is set for a potentially sharp move lower.
A 3.0% stop loss might be considered a bit tight for this trade, suggesting the use of lower leverage to manage overall exposure effectively.
Taking partial profits at the first target is a prudent strategy, as it allows traders to bank some gains while still riding the momentum of the move.
Not financial advice — always manage your own risk 🙏
#CFGUSDT $CFG #SMC #Write2Earn #Binance