The higher 1H structure is bearish, and alignment with the M15 Alligator strengthens the short setup. A completed 1H breakdown below 1.96983 would trigger the sell stop and potentially open the way toward 1.95697, with 1.95232 as the extended target.
Bearish bias is supported by the 1H Alligator trending downward, with the M15 Alligator also bearish. The trade will be triggered only if the 1H breakdown is completed, providing confirmation of continued downside momentum.
🔴 Sell Stop: 1.96983
🛑 Stop Loss: 1.97926
🎯 TP1: 1.95697
🎯 TP2: 1.95232
Risk/Reward: approximately 1:1.36 to TP1 and 1:1.85 to TP2.
Bearish bias is supported by the 1H Alligator trending downward, with the M15 Alligator also bearish. The trade will be triggered only if the 1H breakdown is completed, providing confirmation of continued downside momentum.
🔴 Sell Stop: 1.96983
🛑 Stop Loss: 1.97926
🎯 TP1: 1.95697
🎯 TP2: 1.95232
Risk/Reward: approximately 1:1.36 to TP1 and 1:1.85 to TP2.
Note
the Order is still valid.Order cancelled
Setup invalidated - Trade cancelled without execution
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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.