Trade Idea: XLM SHORT
Opened 2025-09-26 06:32:05 · Valid until 2025-09-27 06:32:05 · Closed 2025-09-26 09:13:01 · Triggered 2025-09-26 07:38:02
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 0.35246200
Stop 0.35646200
TP
0.35046200 / 0.34846200 / 0.34646200
Live 0.31276000
ROI
11.26%
(vs entry)
Thesis and checks
Given the current bearish trend in XLM, a short scalp trade is recommended based on the following analysis:
- 5m Chart: A bearish engulfing candle pattern has formed, indicating potential downward momentum.
- 15m Chart: The RSI is showing overbought conditions, suggesting a reversal may occur soon.
Trade ideas are educational. Manage risk and position size.