$SPACE
SHORT
Trading plan:
Entry: 0.00673 – 0.00679
SL: 0.00707
TP1: 0.00652
TP2: 0.00637
TP3: 0.00613
Why this setup?
The 4-hour chart is ready to drop. RSI on the 15m is oversold at level 32.58, but this is a continuation signal of the bearish trend within the daily range. High confidence (86%) in the SHORT setup with a tight stop above 0.00707. The first target is a net movement of 3.5% to 0.00652.
SHORT
Trading plan:
Entry: 0.00673 – 0.00679
SL: 0.00707
TP1: 0.00652
TP2: 0.00637
TP3: 0.00613
Why this setup?
The 4-hour chart is ready to drop. RSI on the 15m is oversold at level 32.58, but this is a continuation signal of the bearish trend within the daily range. High confidence (86%) in the SHORT setup with a tight stop above 0.00707. The first target is a net movement of 3.5% to 0.00652.