Trade Idea: LINK SHORT
Opened 2025-10-17 07:40:49 · Valid until 2025-10-18 07:40:49 · Closed 2025-10-17 08:08:01 · Triggered 2025-10-17 07:42:02
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 16.45000000
Stop 16.75000000
TP
16.20000000 / 16.00000000 / 15.80000000
Live 17.38000000
ROI
-5.65%
(vs entry)
Thesis and checks
The current market conditions for Chainlink (LINK) suggest a short scalp opportunity.
- 5m Chart: A bearish engulfing pattern has formed, indicating potential downward momentum.
- 15m Chart: The RSI is showing overbought conditions, suggesting a reversal may be imminent.
Trade ideas are educational. Manage risk and position size.