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Trade Idea: XLM SHORT

Opened 2025-09-25 09:01:39 · Valid until 2025-09-26 09:01:39 · Closed 2025-09-25 11:57:01 · Triggered 2025-09-25 10:55:03
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 0.36000000
Stop 0.36300000
TP 0.35800000 / 0.35600000 / 0.35400000
Live 0.31276000
ROI 13.12% (vs entry)

Thesis and checks

Analyzing the current market conditions for XLM, a short scalp trade presents a favorable opportunity.

  • 5m Chart: A bearish engulfing pattern has formed, indicating potential downward momentum.
  • 15m Chart: The RSI is showing overbought conditions, suggesting a reversal is likely.

Trade ideas are educational. Manage risk and position size.