$RIF REJECTED AT RESISTANCE — SHORT SETUP WITH CLEAR RISK PARAMETERS ⚡
Entry: 0.0720 – 0.0735 🔥
Target 1: 0.0695 🚀
Target 2: 0.0665 🚀
Target 3: 0.0625 🚀
Stop Loss: 0.0758 ⚠️
Price kissed the 0.0735 zone and immediately printed bearish engulfing candles on the 1H. The rally from 0.0625 lacked volume expansion, making this rejection a classic liquidity grab above recent highs. If we fail to hold above 0.0720, the path of least resistance is lower.
Bearish divergence on the RSI adds weight to the pullback thesis — similar structure preceded the last 12% drop. Are you entering at market here or waiting for a retest of the entry zone?
Not financial advice. Always manage your risk.
#RIF #ShortSetup #BearishRejection #LiquidityGrab
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Entry: 0.0720 – 0.0735 🔥
Target 1: 0.0695 🚀
Target 2: 0.0665 🚀
Target 3: 0.0625 🚀
Stop Loss: 0.0758 ⚠️
Price kissed the 0.0735 zone and immediately printed bearish engulfing candles on the 1H. The rally from 0.0625 lacked volume expansion, making this rejection a classic liquidity grab above recent highs. If we fail to hold above 0.0720, the path of least resistance is lower.
Bearish divergence on the RSI adds weight to the pullback thesis — similar structure preceded the last 12% drop. Are you entering at market here or waiting for a retest of the entry zone?
Not financial advice. Always manage your risk.
#RIF #ShortSetup #BearishRejection #LiquidityGrab
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