$BARD — Bearish Structure Intact, Bounce Looks Corrective ⚠️
You’re reading this correctly. The move off 0.7635 looks like a reaction bounce, not a trend reversal. The recovery lacks impulsive strength, and price remains capped below key intraday resistance where sellers previously stepped in hard. Until that zone is reclaimed with volume, the broader bearish structure stays dominant.
Market Read
Sharp selloff → forced bounce, not accumulation
Lower highs still in play
Buyers failing to show follow-through
Risk remains to the downside while below resistance
Trade Plan (SHORT)
Entry Zone: 0.7680 – 0.7730
TP1: 0.7580
TP2: 0.7450
Stop Loss: 0.7820
Execution Notes
Ideal entries come on weak bullish candles / rejection wicks inside the zone
If price impulsively reclaims and holds above 0.782, bias invalidates
Partial profits at TP1 reduce exposure, trail remainder if momentum builds
Patience here is key — reaction bounces are where traps are set, not trends confirmed. This is a structure-first trade.
