Trade Idea: ALGO SHORT

Opened 2026-04-28 08:25:28 · Valid until 2026-04-29 08:25:28 · Triggered 2026-04-28 08:51:01 · Closed 2026-04-28 10:54:02

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 1.78 Conf 75% Scalp 30-60 minutes

Entry

0.11410000

Stop

0.11500000

Targets

0.11250000 / 0.11150000 / 0.11050000

Live price

0.11242700

Live ROI

1.47% vs entry

Idea ID

#10985

Now Entry Stop TP

Loading chart...

Thesis and checks

Immediate short opportunity on ALGO due to bearish momentum and recent price action on lower timeframes.

Confluence 1: 1m and 5m charts show lower highs and lower lows, indicating short-term downtrend continuation.
Confluence 2: Price is below a recent minor resistance at $0.1150, acting as a tight stop level.
Risk-reward ratio above 1.4 with tight stop loss and multiple take profit targets for quick scalp.
24h price change is negative, supporting bearish bias in short term.

Trade ideas are educational. Manage risk and position size.