GMXUSDT Short Setup Crushes TP1! Bearish Momentum Eyes TP4
GMXUSDT on the 4-Hour timeframe executed a short trade setup, successfully hitting TP1 and showing strong momentum to likely reach the remaining targets.
Trade Highlights:
Technical Insights:
The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator, with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.
Trade Highlights:
- Entry: $36.805
- TP1: $30.815 (DONE)
- TP2: $21.125
- TP3: $11.430
- TP4: $5.445
- Stop Loss: $41.650
Technical Insights:
The downtrend is well-supported by bearish confirmations from the Risological Trading Indicator, with clear rejection at resistance levels. Momentum indicators suggest a continuation of the bearish move.
- Indicator used on my charts> Risological.com
- Accurate Entry, Stoploss and Take Profit levels on all charts
- NO Repaint!
- Consistent profits
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
- Accurate Entry, Stoploss and Take Profit levels on all charts
- NO Repaint!
- Consistent profits
- Detect and avoid Sideways Market
- Works on all markets and all time frames.
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