Trade Idea: LINK SHORT
Opened 2025-10-17 08:10:56 · Valid until 2025-10-18 08:10:56 · Closed 2025-10-17 08:40:03 · Triggered 2025-10-17 08:20:03
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 2.00 Conf 75% Scalp hours
Entry 16.10000000
Stop 16.30000000
TP
15.80000000 / 15.50000000 / 15.20000000
Live 17.37000000
ROI
-7.89%
(vs entry)
Thesis and checks
Based on the current market conditions for Chainlink (LINK), a short scalp trade is recommended.
- The 5m chart shows a bearish divergence, indicating a potential price drop.
- The 15m chart has formed a descending triangle pattern, which often leads to a continuation of the downtrend.
Trade ideas are educational. Manage risk and position size.