This short is playing out perfectly. After a clear breakdown from the range, price accelerated lower with strong bearish candles, showing sellers are fully in control. Attempts to bounce were weak and immediately sold, confirming continuation pressure to the downside.

Trade Setup (Short):

Entry Range: 1.88 – 1.95

Target 1: 1.82

Target 2: 1.76

Target 3: 1.70

Stop Loss (SL): 2.02

Short Outlook:

As long as price remains below the breakdown area, bearish momentum stays intact. Any minor pullback is likely to be a selling opportunity, favoring further downside continuation.