$NIL
NIL
0.0764
+14.54%
BEARISH PRESSURE BUILDING – DOWNSIDE TARGETS IN SIGHT
$NIL pair is showing early signs of a bearish reversal after struggling to sustain recent highs. Price action on the 1H and 4H charts indicates weakening bullish momentum with lower highs forming near resistance levels. A failure to hold above immediate support at 0.0710 increases the likelihood of a downside continuation toward key support zones.
Entry: Short on break below 0.0710
Targets:
TP1: 0.0700
TP2: 0.0685
TP3: 0.0670
Stop Loss: Above recent swing high at 0.0730
Risk Management: Keep position size limited to 1-2% of capital and adjust stop-losses as price moves in favor.