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95% win-rate warning: the ESports short signal has been triggered
$ESPORTS /USDT - SHORT
Trading plan:
Entry: 0.02093 – 0.02199
SL: 0.02654
TP1: 0.01765
TP2: 0.01511
TP3: 0.01130
Why watch this setup?
- 4-hour bearish confirmation; the daily trend is clearly bearish
- RSI (15 minutes) 45.93; not oversold yet, with room for further downside
- ATR (1 hour) 0.002117; volatility is moderate, suitable for entry
- Current price 0.02146; TP1 target 0.01765; risk-reward ratio is over 2:1
Discussion:
For this short, are you holding directly for TP1, or will there be a stop-hunt rebound in the middle?