Market Structure:
• Sideways range after rejection
• Overall higher timeframe still weak
• No strong breakout yet
Outlook:
• Below 0.134 keeps range-bound bias
• Breakdown may trigger sell-off
Actionable Trade Setup (SHORT)
Entry: 0.125 – 0.130
Target 1: 0.123
Target 2: 0.118
Target 3: 0.112
Stop-Loss: 0.140
Trade Rationale:
• Rejection from resistance
• MA resistance intact
• Weak follow-through by buyers
Market Structure:
• Price trading below key moving averages
• Weak structure with lower highs
• Selling pressure still active
Outlook:
• Below 0.200 keeps bearish bias
• Any bounce likely corrective
Actionable Trade Setup (SHORT)
Entry: 0.195 – 0.205
Target 1: 0.190
Target 2: 0.182
Target 3: 0.170
Stop-Loss: 0.215
Trade Rationale:
• Trend remains bearish
• EMA resistance holding
• Momentum favors downside
