This breakdown is too ugly to ignore…
Entry $SIREN
1.1420 to 1.1560
TP
1.0.1080
2.1.0620
3.0.9980
SL
1.1980
$SIREN just got hit with a heavy flush and I do not see any real recovery structure yet
That kind of straight drop usually means panic is still active and weak bounces can get sold again
For me this is still under downside pressure
If price stays under this area then another leg lower can come fast..