📉 Scalp Short – TRUTH
The market shows extreme overbought conditions across multiple timeframes, with the 4H RSI reaching as high as 94 — signaling exhaustion. On the 15-minute chart, a clear bearish pinbar has formed, suggesting a potential reversal. I’m taking a high-risk, high-reward short position.
🎯 Trade Setup:
Take Profit (TP): 0.020308
Stop Loss (SL): 0.053893
Risk/Reward Ratio (RR): 1 : 5.11
A speculative short setup targeting a sharp correction following overbought exhaustion and a clear intraday reversal signal.
The market shows extreme overbought conditions across multiple timeframes, with the 4H RSI reaching as high as 94 — signaling exhaustion. On the 15-minute chart, a clear bearish pinbar has formed, suggesting a potential reversal. I’m taking a high-risk, high-reward short position.
🎯 Trade Setup:
Take Profit (TP): 0.020308
Stop Loss (SL): 0.053893
Risk/Reward Ratio (RR): 1 : 5.11
A speculative short setup targeting a sharp correction following overbought exhaustion and a clear intraday reversal signal.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.