Trade Idea: ALGO SHORT

Opened 2026-05-01 17:37:42 · Valid until 2026-05-02 17:37:42 · Triggered 2026-05-01 23:37:01 · Closed 2026-05-02 03:24:02

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 1.78 Conf 75% Scalp 30-90 minutes

Entry

0.10810000

Stop

0.10900000

Targets

0.10650000 / 0.10550000 / 0.10450000

Live price

0.11590500

Live ROI

-7.22% vs entry

Idea ID

#11130

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 lower highs and lower lows indicating short-term downtrend continuation.
Confluence 2: Price is breaking below a recent minor support level near 0.1082, confirming bearish pressure.
Stop placed just above recent minor resistance at 0.1090 to limit risk.
Targets set at nearby support zones to capture quick profit within a few price bars.

Trade ideas are educational. Manage risk and position size.