$BAS
- Short Trading Setup 🚀
$BAS shows exhaustion after a sharp upward movement, with a breakdown from the ascending channel, indicating momentum exhaustion 📉.
_Trading Setup_:
- _Entry Point_: 0.00545 – 0.00570 📍
- _Target_: 0.00450 – 0.00390 🚀
- _Stop Loss_: 0.00610 ⚠️
_Technical Analysis_:
- _Breakdown from the Ascending Channel_: the breakdown from the ascending channel indicates a change in trend 💼.
- _Loss of Structure_: loss of the bullish structure indicates strong downward pressure 🔄.
_Trading Tips_:
- _Discipline_: trading must be done with self-control and adherence to the setup 📝.
- _Risk Management_: stop loss must be set to protect capital ⚠️.
- _Maintain Below Resistance_: resistance should be maintained to enhance chances of success 🔮.
The currency shows potential for a decline with a possibility of a strong downward movement 🚀.