🐻 Scalp SHORT – PIEVERSE
The 15-minute RSI is overbought while the overall market structure remains bearish → a clear sign of weak bullish momentum and high probability of a pullback. Price also retested a major resistance zone and failed to break through, confirming continued seller dominance.
🎯 Trade Plan:
TP: 0.2596
SL: 0.4617
RR: 1 : 2.73
A disciplined short setup, leveraging overbought conditions + a failed retest to enter when the probability of a correction is high.
The 15-minute RSI is overbought while the overall market structure remains bearish → a clear sign of weak bullish momentum and high probability of a pullback. Price also retested a major resistance zone and failed to break through, confirming continued seller dominance.
🎯 Trade Plan:
TP: 0.2596
SL: 0.4617
RR: 1 : 2.73
A disciplined short setup, leveraging overbought conditions + a failed retest to enter when the probability of a correction is high.
Disclaimer
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.
Disclaimer
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.