Price was moving in a descending channel with clear lower highs and lower lows. After a breakout and retest, I entered long during the bullish structure shift. The uptrend held until resistance, where reversal signs appeared. I took a short position based on lower high confirmation. Trade hit TP successfully with clean price action respecting structure.
🚀 After a clean breakout from the descending channel, price formed a rising structure—but momentum is fading.
🔴 Lower highs are forming and we’ve got a clear rejection at the top of the ascending channel.
📌 Trade Idea:
Entry: 1.1739
Stop Loss: 1.1778 (above recent high)
Take Profit: 1.1676 (structure support)
Risk-Reward: ~1:2 ✅
🧠 Why this setup?
Structure...
