The 4H structure is bearish and price remains below the key moving averages, while the 1H is only showing a temporary bounce. That short-lived strength is running out of steam, which sets up a high-probability short when the 1H loses its micro-structure. I’m watching for a trigger below 0.222 — confirmed by the 15-minute RSI dropping under 50 — to signal the immediate shift back in favor of sellers.
Why act now: the 1H bounce is fading and aligns with the dominant 4H downtrend. A clean break below the trigger offers a lower-risk entry to ride the next leg down toward nearby support.
My Actionable SHORT Setup
Entry (market): 0.22113 – 0.22287
Stop-Loss (SL): 0.227221
Take-Profit levels:
TP1: 0.216779
TP2: 0.215038
TP3: 0.211557
Trigger: A decisive break below 0.222 with the 15-minute RSI < 50. Without that confirmation I will not enter.
