A 3% stop with 5x leverage keeps the downside bite small, and FORM is primed for a short as price crumbles through the recent swing high. The market is screaming sell as structure flips.
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$FORM SHORT 📉 — Trade Plan
• Entry: $0.257143 – $0.257657
• Stop: $0.265122 (-3.0%)
• Target 1: $0.253539 (+1.5%)
• Target 2: $0.244530 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The CHoCH broke the bullish swing, confirmed by a CVD spike to the downside, while a fresh FVG aligns with an order block that just got swept for liquidity. POI confluence of the OB and FVG seals the bearish bias, and the liquidity sweep adds extra pressure.
A 3% SL is fairly tight for a 1:1.7 reward‑to‑risk, so 5x leverage is appropriate to stay within risk limits.
Lock in half the position once the first target is hit, roughly at the nearest resistance level.
As always: manage your risk, this is not financial advice 🙏
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