$BEL SHORT SETUP
Timeframe: 30M
Entry:
0.16510
Targets
TP1 → 0.15354 (+7%)
TP2 → 0.14199 (+14%)
TP3 → 0.13208 (+20%)
TP4 → 0.11557 (+30%)
Stop Loss:
0.17666 (-7%)
Risk Management
• Risk only 1-2%
• Move Stop Loss to Entry after TP1
• Futures setup
Trade Management
After TP1 or TP2 is hit, watch the next 2 candles on the same timeframe. If both candles close above the target candle’s high, consider closing the remaining position.
This rule applies only to the next 2 candles.
Analysis
Price swept liquidity above the previous weekly high and reacted at a key resistance zone. The rejection from resistance suggests a potential liquidity grab, increasing the probability of bearish continuation on the 30M timeframe.
Not financial advice. Manage risk accordingly.
Timeframe: 30M
Entry:
0.16510
Targets
TP1 → 0.15354 (+7%)
TP2 → 0.14199 (+14%)
TP3 → 0.13208 (+20%)
TP4 → 0.11557 (+30%)
Stop Loss:
0.17666 (-7%)
Risk Management
• Risk only 1-2%
• Move Stop Loss to Entry after TP1
• Futures setup
Trade Management
After TP1 or TP2 is hit, watch the next 2 candles on the same timeframe. If both candles close above the target candle’s high, consider closing the remaining position.
This rule applies only to the next 2 candles.
Analysis
Price swept liquidity above the previous weekly high and reacted at a key resistance zone. The rejection from resistance suggests a potential liquidity grab, increasing the probability of bearish continuation on the 30M timeframe.
Not financial advice. Manage risk accordingly.