$TA SHORT SETUP JUST APPEARED ⚠️
Short TA Trading Plan (20x)
Entry: 0.0815 – 0.0835
SL: 0.0875
TP1: 0.0780
TP2: 0.0740
TP3: 0.0700
TA is showing a short setup signal has just appeared. The 0.0815 – 0.0835 zone is acting as short-term resistance. The current movement looks sluggish, and the structure on smaller timeframes is deteriorating, indicating a potential downward move.
The SL is placed at 0.0875, a relatively clean level, above the resistance zone. If it gets swept, no regrets. If the downward pressure continues, targets of 0.0780 → 0.0740 → 0.0700 are entirely feasible.
The distance from entry to stop loss is quite close (~4.8-7.4%). Suitable for a short-term trade. Enter a small order and set the stop loss correctly.
With the short setup just appearing, will there be a pullback? Have you entered yet? Comment to discuss!