📉 High Winning Trading Strategy - Short $0G /USDT (1h)
Entry: 0.980 - 0.990 and bearish reversal signal on 1h or 30p
Stop Loss: 1
TP1: 0.958 (Recent low retest)
TP2: 0.940
📊 Overall Context
OG price has been in a clear downtrend for many days, with lower highs and lows, from the high of 1.045 to the recent low of 0.957
Recent price action: After hitting the low of 0.957, the price had a weak recovery but was quickly rejected and continued the downtrend
EMA 18 (0.986) is below EMA 70 (1.015), confirming a Death Cross and the Bearish Dominance on 1h
🎯 Important Pattern: Bearish Continuation
Important Dynamic Resistance: Around 0.985 - 1.000 (18 EMA area and psychological support level has been broken)
Next Important Support: 0.957 (Recent Bottom)
💎 Short Priority
Reason: Trend Following, enter near dynamic resistance for best R:R #AI