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
0.11412600
Live ROI
-0.02%
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.