$STG $STG 12h Breakdown
- Given the cluster of bullish signals from a few indicators and the price resting on a major demand zone, I expect a potential bounce or reversal attempt toward 0.1790 and 0.1986 if we see a sweep and reclaim of the 0.1516/0.1494 area with a strong reversal pattern.
- My bias shifts bullish only if price sweeps below 0.1516 and rapidly reclaims it — confirmation required!
- If price fails to hold above 0.1494 and closes strongly below, expect continuation lower toward 0.1199. In this scenario, the short-term outlook remains bearish.
- For a long trade: Wait for a sweep below 0.1516, plus a sharp reversal and close back above with strong bullish candle — then enter, targeting 0.1790 and 0.1986. Set your stop at the swing low after manipulation.
- For a short trade: Wait for a rally and rejection between 0.1986–0.2242 with a bearish pattern — then enter, targeting 0.1790 and back to 0.1516, stop above the rejection swing high.
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