Trade Idea: ALGO SHORT

Opened 2026-05-01 16:13:48 · Valid until 2026-05-02 16:13:48 · Triggered 2026-05-01 16:15:04 · Closed 2026-05-01 17:08:02

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 1.43 Conf 75% Scalp 30-60 minutes

Entry

0.10950000

Stop

0.11020000

Targets

0.10850000 / 0.10780000 / 0.10720000

Live price

0.08846900

Live ROI

19.21% vs entry

Idea ID

#11127

Now Entry Stop TP

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Thesis and checks

Immediate short scalp opportunity on ALGO due to bearish momentum and chart structure on lower timeframes.

Confluence 1: 1m and 5m charts show a series of lower highs and lower lows indicating short-term downtrend continuation.
Confluence 2: Price recently broke below a minor support level near 0.1097, now acting as resistance, confirming bearish pressure.

Trade ideas are educational. Manage risk and position size.