$STO bounced back to the 0.04492–0.04504 range and then it was done for. I mentioned before that this area is a good spot for a short (shorting). Today the 15-minute RSI is only 47—it's neither overbought nor oversold, but the direction is still downward, which suggests the momentum hasn’t flipped yet. The key is volume: the actual 15-minute trading volume is 4 times higher than expected. I won’t ignore this kind of volume-price divergence.
The daily and 4-hour timeframes are in sync bearish here. At this level, the short setup offers a favorable payout. Don’t wait for it to bounce—once it’s time, the path will take care of itself.
🔴 Trade Direction: Short
📍 Entry Range: 0.04492 – 0.04504
🛑 Stop Loss: 0.04556
🎯 Take Profit 1: 0.04454
🎯 Take Profit 2: 0.04425
🎯 Take Profit 3: 0.04382
#STO
Click below to trade👇👇👇
The daily and 4-hour timeframes are in sync bearish here. At this level, the short setup offers a favorable payout. Don’t wait for it to bounce—once it’s time, the path will take care of itself.
🔴 Trade Direction: Short
📍 Entry Range: 0.04492 – 0.04504
🛑 Stop Loss: 0.04556
🎯 Take Profit 1: 0.04454
🎯 Take Profit 2: 0.04425
🎯 Take Profit 3: 0.04382
#STO
Click below to trade👇👇👇