Price has broken the ascending trendline and formed a clear Change of Character (ChoCh) to the downside.
This retest offers a potential short opportunity if rejection confirms from this zone.
Entry: Around 0.0770–0.0780
Stoploss: Above 0.0807
Target Levels:
• TP1: 0.0728
• TP2: 0.0690
• TP3: 0.0630
A break below 0.0728 could accelerate momentum to the downside. Waiting for price action confirmation is recommended before entry.
This retest offers a potential short opportunity if rejection confirms from this zone.
Entry: Around 0.0770–0.0780
Stoploss: Above 0.0807
Target Levels:
• TP1: 0.0728
• TP2: 0.0690
• TP3: 0.0630
A break below 0.0728 could accelerate momentum to the downside. Waiting for price action confirmation is recommended before entry.
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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.