$VELVET SHORT SETUP
Timeframe: 1H
Entry:
1.7553
Targets
TP1 → 1.6675 (+5%)
TP2 → 1.5798 (+10%)
TP3 → 1.4920 (+15%)
Stop Loss:
1.8431 (-5%)
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 is approaching a key resistance area on the 1H timeframe. If sellers defend this zone and bearish momentum continues, the setup favors a move toward the downside targets.
Not financial advice. Manage risk accordingly.
Timeframe: 1H
Entry:
1.7553
Targets
TP1 → 1.6675 (+5%)
TP2 → 1.5798 (+10%)
TP3 → 1.4920 (+15%)
Stop Loss:
1.8431 (-5%)
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 is approaching a key resistance area on the 1H timeframe. If sellers defend this zone and bearish momentum continues, the setup favors a move toward the downside targets.
Not financial advice. Manage risk accordingly.