$ADX had a strong run-up and is now showing clear rejection at the top.
Entry: 0.0780 – 0.0795
Stop Loss: 0.0825
Take Profit Targets:
• TP1: 0.0750
• TP2: 0.0720
• TP3: 0.0685
Momentum is starting to slow down, suggesting a potential distribution phase. After such an extended move, a pullback looks likely from here.
ADX
0.0547
-10.03%