$US losing steam at the top
Short $US
Entry: 0.0108 - 0.0118
SL: 0.0128
TP1: 0.0098
TP2: 0.0090
TP3: 0.0082
TP4: 0.0075
Why:
US delivered a strong breakout from the 0.007 region and rallied sharply into the 0.012 resistance area. The latest candles show rejection from local highs while RSI remains elevated above 70, suggesting momentum is becoming stretched. Volume has started cooling after the explosive move, which often signals fading buying pressure. If sellers defend the 0.0115-0.0120 zone, a deeper pullback toward lower support levels becomes increasingly likely.
📩 DM me to know how to join my premium group for high quality trade setups
Trade $US here 👇
Short $US
Entry: 0.0108 - 0.0118
SL: 0.0128
TP1: 0.0098
TP2: 0.0090
TP3: 0.0082
TP4: 0.0075
Why:
US delivered a strong breakout from the 0.007 region and rallied sharply into the 0.012 resistance area. The latest candles show rejection from local highs while RSI remains elevated above 70, suggesting momentum is becoming stretched. Volume has started cooling after the explosive move, which often signals fading buying pressure. If sellers defend the 0.0115-0.0120 zone, a deeper pullback toward lower support levels becomes increasingly likely.
📩 DM me to know how to join my premium group for high quality trade setups
Trade $US here 👇