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Trade Idea: AVAX SHORT

Opened 2025-09-26 11:17:23 · Valid until 2025-09-27 11:17:23 · Closed 2025-09-26 12:41:01 · Triggered 2025-09-26 11:31:01
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.
SHORT CLOSED RR 2.33 Conf 75% Scalp hours
Entry 27.55000000
Stop 28.00000000
TP 26.50000000 / 26.00000000 / 25.50000000
Live 19.44000000
ROI 29.44% (vs entry)

Thesis and checks

The current market conditions for AVAX suggest a short opportunity due to recent price action and technical indicators.

  • 5m Chart: A bearish engulfing 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.