$TRX (#Tron ) - alarm triggered for short position
The price moved above 62% of the range, completely filled the gap, and bounced off the order block.
The yearly chart shows a gap below the previous high.
I expect a move to 0.1789.
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My patetic 1$ position
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Short risk & profit summary (Short position, $1 with 75x leverage):
Entry: 0.3320
Stop Loss: 0.3367
Take Profit: 0.17890
Risk: $1.06 (106% of position)
Profit (TP): $34.59 (3459% of position)
R:R: 32.6 : 1
Approx. Liquidation: ~0.3366
Tight stop with solid reward potential on a strong downside move.