$NFP Rejection From 0.01814 Is Showing Exhaustion After The Sharp Pump, Opening Room For A Pullback
Trade Setup: Short
Entry zone: 0.0163 - 0.0167
Tp1: 0.0158
Tp2: 0.0152
Tp3: 0.0145
SL: 0.0172
Price expanded aggressively from the 0.01258 base, but after tagging 0.01814, momentum started cooling off near the top.
The recent candles look more like profit-taking and fading strength, which is why this area can attract sellers.
If price stays below the recent high zone, $NFP can slip into lower support before any fresh bullish continuation.
Trade Here On $NFP 👇
Trade Setup: Short
Entry zone: 0.0163 - 0.0167
Tp1: 0.0158
Tp2: 0.0152
Tp3: 0.0145
SL: 0.0172
Price expanded aggressively from the 0.01258 base, but after tagging 0.01814, momentum started cooling off near the top.
The recent candles look more like profit-taking and fading strength, which is why this area can attract sellers.
If price stays below the recent high zone, $NFP can slip into lower support before any fresh bullish continuation.
Trade Here On $NFP 👇