Short

SHORT RNDUSDT DAYTRADE IDEIA 04/05/24

By CriptoSMC
Updated
Its possible just a pullback but we can take advantage and earn a good risk reward.

We already see a divergence in the RSI and we are in a liquidity zone in the 15 minutes, I advise entering the trade on the 5 min charts, we need confirmation of the CHoCH and the position in the test region.

Let's wait and see the market's reaction.
Trade active
the last valid fund was breached, now all it takes is for the price to reach the region of 8.97 for us to go short.
Trade active
WE ARE IN THIS TRADE!
Trade active
After analyzing it on larger charts, this operation has a lot of potential for gains. As we are in a region of resistance on the daily chart, it is worth monitoring this operation with the stoploss. POSSIBLE RISK REWARD TRADE of 1:10 Obviously, ANYTHING can happen in the market and this resistance region could be broken and touch our stop, but otherwise it could be a very good trade.
Supply and Demand

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