โœ… Trade Setup (Short Bias)

Price is trading below MA25 & MA99, with a clear downtrend and a fresh breakdown candle โ€” a continuation short setup.


๐Ÿ“‰ Suggested Entry

0.03440 โ€“ 0.03450 (current breakdown zone)


๐Ÿ›‘ Stop-Loss (Tight & Safe)

SL: 0.03620

โ†’ Above the recent micro-range + MA25 rejection zone.


๐ŸŽฏ Take-Profit Targets

TP1: 0.03180

TP2: 0.02990

TP3: 0.02550 (extended)



๐Ÿ“Š Risk-to-Reward (RRR)

To TP1: 1 : 1.5

To TP2: 1 : 2.7

To TP3: 1 : 5+


๐Ÿ” Why This Setup Works (Quick Logic)

Price is consistently rejected from the MA25 and MA99 โ†’ strong downtrend.

Current candle broke below local support with momentum.

No bullish reversal structure forming.

Chart shows lower highs + lower lows โ€” classic trend continuation.


๐Ÿ“ˆ Probability Estimate (Based on Indicators)

~63% probability of hitting TP1

~48% probability of reaching TP2

Extended target depends on volatility

$CHESS

CHESS
CHESS
0.02878
+2.82%