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Trade Idea: OP LONG

Opened 2025-09-24 03:01:45 · Valid until 2025-09-25 03:01:45 · Closed 2025-09-24 04:01:01
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.
LONG PENDING RR 2.00 Conf 75% Scalp hours
Entry 0.69800000
Stop 0.69200000
TP 0.70400000 / 0.70800000 / 0.71200000
Live 0.43090400
ROI -38.27% (vs entry)

Thesis and checks

Based on the recent price action of Optimism (OP), a long scalp trade is suggested.

  • The 5m chart shows a bullish divergence with RSI indicating potential upward momentum.
  • The 15m chart has formed a bullish engulfing pattern, confirming buying interest at the current level.

Trade ideas are educational. Manage risk and position size.