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$SLX /USDT 4-hour level, bearish signal has appeared, but with a 55% win rate, would you dare to follow?
$SLX /USDT - SHORT
Trading Plan:
Entry: 0.18401 – 0.18811
SL: 0.20573
TP1: 0.17131
TP2: 0.16147
TP3: 0.14671
Why pay attention to this structure?
- RSI 15-minute 58.57, short-term rebound is weak, but the 4-hour trend is bearish.- The daily chart is still in a range, bearish entry point 0.18606, TP1 0.17131, excellent risk-reward ratio.- Enter now: risk is controllable, stop loss 0.20573, if it breaks, look for continued bearishness.
Discussion:
For this short trade, should we wait for TP1 or go directly for TP2?