Looking at M's price action, the short opportunity presents an interesting risk-reward scenario:
**Entry Point:** 1.6745 **Stop Loss:** 1.7228 (48 pips buffer) **Take Profit:** 1.328 (target down ~19% from entry)
The risk-to-reward ratio favors this bearish positioning. Key resistance broken, and the downside momentum looks promising for mean reversion traders. Position sizing matters here—keep losses tight while letting winners run to the TP level.
Monitor support levels closely; price action around 1.5500-1.5800 could offer re-entry opportunities if this trade gets shaken out.
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PumpingCroissant
· 01-06 00:38
This ratio is indeed good; it all depends on whether we can hold the 1.5500 level.
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WhaleWatcher
· 01-05 19:55
A 19% drop is tempting, but the 1.328 TP feels a bit greedy... Can it really reach that?
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MidnightTrader
· 01-04 04:10
A 19% drop... that's quite a sharp decline. Can you hold on?
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RunWhenCut
· 01-03 17:55
Oh wow, a 19% drop sounds great, but this 48-point stop loss... feels a bit tight. A small rebound and it's cut off.
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HappyMinerUncle
· 01-03 17:55
Well, this short setup looks okay, but the 19% target range needs to actually drop below, otherwise it's just armchair strategizing...
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MEV_Whisperer
· 01-03 17:55
This stop-loss setting is a bit tight; 48 pips can be easily swept...
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CoconutWaterBoy
· 01-03 17:54
Short at 1.6745? The ratio looks good, but with a 19% drop, you need to withstand the pullback. Fear of being shaken out.
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rekt_but_vibing
· 01-03 17:40
Well... 19% of the space, the ratio is okay, but that 1.328 TP feels a bit greedy.
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FOMOSapien
· 01-03 17:38
A 19% drop... Just thinking about it makes me feel great, but I'm afraid it's just a false breakout.
M SHORT SETUP ANALYSIS
Looking at M's price action, the short opportunity presents an interesting risk-reward scenario:
**Entry Point:** 1.6745
**Stop Loss:** 1.7228 (48 pips buffer)
**Take Profit:** 1.328 (target down ~19% from entry)
The risk-to-reward ratio favors this bearish positioning. Key resistance broken, and the downside momentum looks promising for mean reversion traders. Position sizing matters here—keep losses tight while letting winners run to the TP level.
Monitor support levels closely; price action around 1.5500-1.5800 could offer re-entry opportunities if this trade gets shaken out.