$TAC SHORT SETUP AT RESISTANCE WITH CLEAR LIQUIDITY ABOVE 🔥
Entry: 0.0605 🔥
Target: 0.0530 🚀
Stop Loss: 0.0625 ⚠️
Price is reacting at a supply zone that has capped every upside attempt since last week. Buying volume is declining on each retest of the 0.0605 level, while the 1H chart shows a clear break of structure to the downside. The unfilled fair value gap just above adds weight to the short thesis.
The risk-to-reward works out to roughly 1:2.5 if we target the full extension. Are you shorting this level or waiting for one more sweep of the stop loss cluster at 0.0625?
Not financial advice. Always manage your risk.
#TAC #ShortSetup #Breakdown #Resistance
🔥
Entry: 0.0605 🔥
Target: 0.0530 🚀
Stop Loss: 0.0625 ⚠️
Price is reacting at a supply zone that has capped every upside attempt since last week. Buying volume is declining on each retest of the 0.0605 level, while the 1H chart shows a clear break of structure to the downside. The unfilled fair value gap just above adds weight to the short thesis.
The risk-to-reward works out to roughly 1:2.5 if we target the full extension. Are you shorting this level or waiting for one more sweep of the stop loss cluster at 0.0625?
Not financial advice. Always manage your risk.
#TAC #ShortSetup #Breakdown #Resistance
🔥