$arc
BEARISH CONTINUATION SETUP – SHORT OPPORTUNITY BELOW KEY RESISTANCE
Price structure shows a clear lower high formation on the intraday timeframe, indicating weakening bullish momentum after rejection from the recent supply zone. The inability to sustain above the mid-range resistance suggests sellers are still in control, with liquidity likely resting below recent swing lows. Volume profile supports distribution near the top, hinting at a potential downside continuation.
Entry (Short): Breakdown and retest of the immediate support zone
Targets (TP):
TP1: 0.06920
TP2: 0.06650
TP3: 0.06020
Stop Loss (SL): Above recent lower high at 0.07430
Risk Management:
Risk only 1–2% of total capital per trade, avoid overleveraging, and secure partial profits at each target to reduce exposure.
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