$CITY Position: SHORT (SELL)
Entry Point: $0.6380
Rationale: We are waiting for a pullback to the short-term Moving Average zone (around the 5-min/15-min EMA 25). This area is likely to act as resistance following the initial surge, offering a safer entry with better risk management.
Stop Loss (SL): $0.6500
Rationale: Placed above the nearest minor swing high and a key resistance point. Exiting here limits losses if the bullish trend unexpectedly resumes and invalidates the bearish setup.$CITY
Take Profit 1 (TP1): $0.6270
Rationale: Targets the recent low seen on the 5-minute chart, anticipating a continuation of the corrective drop. (Take 50% profit here).
Take Profit 2 (TP2): $0.6100
Rationale: Targets the major support level near the 4-hour EMA 99. This is a secondary target for a deeper correction towards the base of the previous surge. (Close the remaining 50% profit here).
Risk-Reward Ratio: Approximately 1:0.91 (to TP1)$CITY #city #TrumpTariffs