200u shorted one lot of ARKM
Take profit near 0.55
Two points of logic for going short:
✨ As mentioned in the last post, the market reaction in the Korean stock market has been quite mediocre over the past six months, mainly due to the current low sentiment and lack of hot topics.
✨ Additionally, the market only shows upward spikes. I entered the short position when it fell below the 4h EMA144, which is at 0.63. The take profit will be based on the 1h EMA moving average, and I adjusted the stop loss to 0.63.
I had coffee again today.