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Trade Idea: TRX SHORT

Opened 2026-04-06 18:31:06 · Valid until 2026-04-07 18:31:06 · Triggered 2026-04-06 18:41:01 · Closed 2026-04-07 22:32:02
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 1.80 Conf 75% Scalp hours
Entry
0.31620000
Stop
0.32000000
Targets
0.31200000 / 0.30900000 / 0.30600000
Live price
0.32615800
Live ROI
-3.15% vs entry
Idea ID
#10195
Now Entry Stop TP
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Thesis and checks

TRX is showing bearish confluence across multiple timeframes suitable for a scalp short trade.

  • 5m chart: Price rejected at resistance near 0.317 with bearish engulfing candle signaling short-term reversal.
  • 15m chart: RSI is declining from overbought levels, indicating momentum loss and potential further downside.
  • 1h chart: Price below 20 EMA and forming lower highs, confirming bearish bias.
  • Stop placed just above recent resistance to limit risk.
  • Targets set near recent support levels to secure quick profits within hours.

Trade ideas are educational. Manage risk and position size.