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$MU /USDT 4-hour level, short signal is armed, dare you follow?
$MU /USDT - Short SHORT
Trading Plan:
Entry: 887.08 – 897.08
SL: 940.07
TP1: 856.09
TP2: 832.10
TP3: 796.11
Why focus on this structure?
- RSI 15-minute as low as 30.68, oversold rebound risk exists, but 4-hour trend is bearish.
- Main plan: Entry at 892.08, TP1 856.09, TP2 832.10, SL 940.07.
- Why now? Within the intraday oscillation range, bearish probability 55%, and ATR 1-hour about 20, volatility controllable.
Discussion:
For this short trade, should we look at TP1 first or is it a bear trap rebound?