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Trade Idea: TRX SHORT

Opened 2026-04-23 12:01:25 · Valid until 2026-04-24 12:01:25 · Triggered 2026-04-23 12:34:02
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 LIVE RR 1.50 Conf 78% Scalp 15-45 minutes
Entry
0.32800000
Stop
0.33200000
Targets
0.32200000 / 0.31800000 / 0.31500000
Live price
0.32917400
Live ROI
-0.36% vs entry
Idea ID
#10804
Now Entry Stop TP
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Thesis and checks

Immediate short opportunity on TRX due to bearish momentum and chart structure on lower timeframes.

  • 1m and 5m charts show a clear lower high formation and rejection at resistance near $0.328-$0.329.
  • 15m chart confirms a downtrend with price below the 20 EMA and recent bearish engulfing candle.
  • Entry at current price area with stop just above recent minor resistance to limit risk.
  • Targets set at recent support levels providing a realistic risk-reward above 1.45 for a fast scalp.

Trade ideas are educational. Manage risk and position size.