$BANANA has printed a sharp vertical pump followed by immediate rejection from the upper supply zone. The long upper wick and strong sell-off indicate profit-taking and exhaustion at the highs. After such an aggressive move, price is struggling to hold above the breakout level, making a pullback or corrective move highly likely in the short term............

Trade Setup

Entry: 8.40 – 8.60

Target 1: 7.80

Target 2: 7.20

Target 3: 6.50

Stop Loss (SL): 9.50

BANANA

8

+31.79%