Trade Overview: DOGEUSD – Short Position
Entry Price: 0.17342
Take Profit: 0.16700 (+3.70%)
Stop Loss: 0.17277 (–0.37%)
Risk-Reward Ratio (RR): 10.90
🕗 Entry Time: 8:40 PM (NY Time)
📅 Date: Saturday, 26th April 2024
🌍 Session: Tokyo PM
🧭 Bias: Sell-Side
Reasoning Narrative
DOGEUSD presented a high-probability short opportunity during the Tokyo PM session, following a clear sign of exhaustion at intraday highs. Price had just tapped into a previous supply zone and formed a liquidity sweep above local highs before aggressively reversing, suggesting that buy-side liquidity had been engineered and consumed.
Trade closed: stop reached
Stop reached Note
Buyside in session
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.