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LINK short with 95% win rate, who is lying in wait at 7.959?
$LINK /USDT - Short
Trading Plan:
Entry: 7.941 – 7.977
SL: 8.135
TP1: 7.827
TP2: 7.739
TP3: 7.607
Why pay attention to this structure?
- 4H EMA bearish alignment, 1D trend clearly downward, RSI 15m only 60.6, weak rebound
- Entry 7.959, TP1: 7.827, TP2: 7.739, SL: 8.135, risk-reward ratio 1:2
- Why now? Intraday rebound to MA resistance, short covering window is about to close
Discussion:
Will this wave reach TP2 first, or is it a bull trap?