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Trade Idea: OP SHORT

Opened 2025-09-24 18:31:44 · Valid until 2025-09-25 18:31:44 · Closed 2025-09-24 20:04:01 · Triggered 2025-09-24 19:16:02
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 2.00 Conf 75% Scalp hours
Entry 0.69200000
Stop 0.69600000
TP 0.68800000 / 0.68500000 / 0.68200000
Live 0.42981100
ROI 37.89% (vs entry)

Thesis and checks

The current market conditions for Optimism (OP) suggest a short scalp opportunity due to bearish signals observed across multiple timeframes.

  • The 5m chart shows a recent bearish engulfing candle, indicating a potential reversal from the current price level.
  • The 15m chart has formed a lower high, which aligns with the overall downtrend, further supporting a short position.

Trade ideas are educational. Manage risk and position size.