Price is showing weakness after tapping the ascending trendline, and sellers are stepping in with momentum.
📍 Entry: 0.7134
🎯 Target: 0.7108
🛑 Stop Loss: 0.7146
Confluence:
• Trendline rejection
• Lower high formation
• Bearish momentum candles
• Liquidity resting near support zone
If sellers maintain control below the trendline, price can continue sliding toward the demand area. Waiting for confirmation and proper risk management is key.
📍 Entry: 0.7134
🎯 Target: 0.7108
🛑 Stop Loss: 0.7146
Confluence:
• Trendline rejection
• Lower high formation
• Bearish momentum candles
• Liquidity resting near support zone
If sellers maintain control below the trendline, price can continue sliding toward the demand area. Waiting for confirmation and proper risk management is key.
Trade active
Good Bearish candle you can enterNote
Running in PROFITNote
1:1 Reward CompleteTrade closed manually
Trade closed with cost to cost
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.