Trade Idea: ALGO SHORT

Opened 2026-05-06 22:38:05 · Valid until 2026-05-07 22:38:05 · Triggered 2026-05-06 23:04:02 · Closed 2026-05-07 00:27:02

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 1.75 Conf 75% Scalp 30-60 minutes

Entry

0.11920000

Stop

0.12000000

Targets

0.11780000 / 0.11700000 / 0.11630000

Live price

0.10530200

Live ROI

11.66% vs entry

Idea ID

#11195

Now Entry Stop TP

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Thesis and checks

Immediate short scalp opportunity on ALGO based on short-term chart structure and momentum.

1m and 5m charts show a recent breakdown below a minor support level around 0.1195, indicating bearish momentum.
15m chart confirms a lower high formation and a bearish engulfing candle, reinforcing downside bias.
Price is currently below the 5m EMA and RSI is trending down near 45, supporting short bias.
Risk-reward ratio above 1.4 with tight stop just above recent minor resistance at 0.1200.

Trade ideas are educational. Manage risk and position size.