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LINK short with 95% win rate, what are you waiting for?
$LINK /USDT - Short SHORT
Trading Plan:
Entry: 7.758 – 7.796
SL: 7.959
TP1: 7.640
TP2: 7.549
TP3: 7.413
Why focus on this structure?
- The 4-hour timeframe confirms the short-term trend, and the daily trend is clearly bearish.
- The RSI on the 15-minute chart is only 30.88, oversold but not reversed, still has room to go down.
- Current price 7.777, close to EMA resistance, TP1 target 7.640, stop loss 7.959, risk-reward ratio is reasonable.
- Why now? RSI is low and hasn't bounced, short momentum has not exhausted.
Discussion:
Will this short trade reach TP2 first or take profit early?