๐ $BAS REJECTION + BEARISH ENGULFING, SHORT SETUP
Short $BAS
Entry: 0.0071 โ 0.0074
SL: 0.0083
TP1: 0.0067
TP2: 0.0062
TP3: 0.0055
Price has faced a sharp rejection from the high of 0.0091, where continuous bearish candles have broken the previous support levels. This is a clear sign that sellers are now fully dominating the market and buyers have completely lost momentum.
Current structure suggests that if the price holds below the zone of 0.0075, we may see further rapid downside. RSI is rapidly declining, indicating further bearish trend. Short entries on pullbacks will provide a better risk-reward ratio. ๐ฅ
Click below to Take Trade $BAS
Short $BAS
Entry: 0.0071 โ 0.0074
SL: 0.0083
TP1: 0.0067
TP2: 0.0062
TP3: 0.0055
Price has faced a sharp rejection from the high of 0.0091, where continuous bearish candles have broken the previous support levels. This is a clear sign that sellers are now fully dominating the market and buyers have completely lost momentum.
Current structure suggests that if the price holds below the zone of 0.0075, we may see further rapid downside. RSI is rapidly declining, indicating further bearish trend. Short entries on pullbacks will provide a better risk-reward ratio. ๐ฅ
Click below to Take Trade $BAS