$NIL — Bearish Continuation Bias ✅
Context: Price is trading below a major supply zone after a sharp rejection, confirming distribution and seller dominance.
☞☞☞Entry NOW 👇👇👇👇👇
Market Structure Confirmation
✔️ Strong rejection from upper resistance (supply respected)
✔️ Series of lower highs → bearish market structure intact
✔️ Failed reclaim of prior breakdown level (key bearish signal)
✔️ Momentum favors continuation toward lower demand
This is a trend-following short, not a counter-trend play — good alignment.
Execution Plan (Refined)
Entry Triggers (Choose One)
Conservative
Short on pullback into resistance with rejection
Look for: bearish engulfing / strong upper wick / H4–H1 close below resistance
Aggressive
Short on confirmed breakdown below intraday support
Best if accompanied by increased sell volume
Avoid blind entries — confirmation protects you from stop hunts.
Targets (Well-Placed)
🎯 TP1: 0.0580 → partials (reduce risk)
🎯 TP2: 0.0565 → trend continuation
🎯 TP3: 0.0550 → major demand test
Scaling out here is optimal 👍
Stop Loss
❌ Invalidation: Above 0.0625
If price reclaims and holds above this level → bearish thesis fails
