Can you short at this position on ETH?



$ETH /USDT - SHORT

Trading plan:
Entry: 1917.97 – 1924.29
SL: 1951.48
TP1: 1898.37
TP2: 1883.20
TP3: 1860.44

Why focus on this structure?
On the 4-hour timeframe, the signal clearly points to SHORT, but the daily is still in a ranging range. Current price is around 1921. On the 15-minute chart, RSI is just at 50, with no overbought/oversold interference. The short entry point is precise: TP1 at 1898, TP2 at 1883, and stop-loss set at 1951. The risk-reward ratio is close to 1:3, making it suitable to test with a light position. Why now? Because at the end of a range, price often first makes a downward fake breakout, then reverses.

Discussion:
Will this short reach TP2 first, or will it get slapped by the 1951 stop-loss?
ETH-2.78%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned