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SLX short signal is out, but are you willing to follow a 55% win rate?
$SLX /USDT - SHORT
Trade Plan:
Entry: 0.1889 – 0.1921
SL: 0.2061
TP1: 0.1788
TP2: 0.1709
TP3: 0.1592
Why focus on this structure?
- Bearish on the 4-hour timeframe, entry at 0.1905, TP1 at 0.1788 (-6%), TP2 at 0.1709 (-10%)
- RSI 15-min at 51.67, not oversold, room to fall
- 1-day trend oscillating, suitable for short-term SHORT, stop-loss 0.2061 for protection
Discussion:
Will it first reach TP2, or is it a bull trap rebound?