🔽 Looking for a short opportunity around key resistance and order block zones.
Plan A – Resistance Rejection Short
Price has tapped into a strong resistance zone (0.83983–0.83938) and is showing rejection near the trendline. Entry triggered at 0.83938 with stop loss at 0.83993. Targeting 0.83732 for a solid RR.
Plan B – Order Block Short (If Resistance Breaks)
If resistance fails, I’ll wait for price to enter the bearish order block (0.84078–0.84048). Entry planned at 0.84031, SL at 0.84086, TP remains the same at 0.83732.
📍 Entry: 0.83938
🎯 Take Profit: 0.83732
🛑 Stop Loss: 0.83993
🔥 RR: Solid 1:3 type risk-reward
If above one hits sl, use below
📌 Entry #2: 0.84031
🎯 Target: 0.83732
🛑 Stop Loss: 0.84086
🔥RR:- 5.44 Risk-Reward
Trendline still holding well, and structure favors continued bearish pressure.
Waiting for price to deliver into premium zones before looking for reaction.
Following Smart Money logic with price action confirmations. Let’s see how it plays out.
Plan A – Resistance Rejection Short
Price has tapped into a strong resistance zone (0.83983–0.83938) and is showing rejection near the trendline. Entry triggered at 0.83938 with stop loss at 0.83993. Targeting 0.83732 for a solid RR.
Plan B – Order Block Short (If Resistance Breaks)
If resistance fails, I’ll wait for price to enter the bearish order block (0.84078–0.84048). Entry planned at 0.84031, SL at 0.84086, TP remains the same at 0.83732.
📍 Entry: 0.83938
🎯 Take Profit: 0.83732
🛑 Stop Loss: 0.83993
🔥 RR: Solid 1:3 type risk-reward
If above one hits sl, use below
📌 Entry #2: 0.84031
🎯 Target: 0.83732
🛑 Stop Loss: 0.84086
🔥RR:- 5.44 Risk-Reward
Trendline still holding well, and structure favors continued bearish pressure.
Waiting for price to deliver into premium zones before looking for reaction.
Following Smart Money logic with price action confirmations. Let’s see how it plays out.
Trade active
Trade 1 Active🚀Trade closed: target reached
Target Reached! 3.4 RR achieved.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.