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Trade Idea: ETH SHORT

Opened 2026-05-07 07:24:22 · Valid until 2026-05-08 07:24:22 · Triggered 2026-05-07 08:20:04 · Closed 2026-05-07 10:14:02
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 1.56 Conf 78% Scalp 30-90 minutes
Entry
2,341.00000000
Stop
2,350.00000000
Targets
2,327.00000000 / 2,318.00000000 / 2,308.00000000
Live price
2,308.21000000
Live ROI
1.40% vs entry
Idea ID
#11217
Now Entry Stop TP
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Thesis and checks

Immediate short scalp opportunity on ETH due to bearish momentum and chart structure.

  • 1m and 5m charts show lower highs and lower lows, indicating short-term downtrend continuation.
  • 15m chart resistance just above current price near 2350, providing a tight stop-loss level.
  • Price is below recent minor support turned resistance at 2345, confirming bearish bias.
  • Risk-reward ratio above 1.4 with tight stop and multiple take profit levels for scaling out.

Trade ideas are educational. Manage risk and position size.