🔴 $FET SHORT setup · 15m
Price breaks key support levels on the fifteen-minute chart.
📍 Entry 0.14050
🎯 TP 0.13671 (+2.70%)
🛑 SL 0.14247 (-1.40%)
⚖️ Risk / Reward 1 : 1.93
Why it triggered
✅ Rule triggers met: Breakdown M5, EMA bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 42.3: momentum still has room, not overextended
The breakdown below recent ranges, coupled with key moving averages stacking bearishly, signals immediate downward pressure. Momentum remains intact, suggesting the move has legs.
👀 Watch: A decisive break below the lower EMA will confirm the setup.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
Price breaks key support levels on the fifteen-minute chart.
📍 Entry 0.14050
🎯 TP 0.13671 (+2.70%)
🛑 SL 0.14247 (-1.40%)
⚖️ Risk / Reward 1 : 1.93
Why it triggered
✅ Rule triggers met: Breakdown M5, EMA bearish
✅ Price broke down through its recent short-term range
✅ Price sits below EMA20 and EMA50, with both stacked in the trade's direction
✅ RSI 42.3: momentum still has room, not overextended
The breakdown below recent ranges, coupled with key moving averages stacking bearishly, signals immediate downward pressure. Momentum remains intact, suggesting the move has legs.
👀 Watch: A decisive break below the lower EMA will confirm the setup.
WolfBot trade journal: defined risk, not financial advice.
#TradingSetup #RiskManagement
