$BANK is still getting sold below trend resistance — the bounce hasn't changed the bigger picture yet.
$BANK • SHORT
Trade setup:
Entry zone: 0,160634 – 0,166546
TP 1:0,144460
TP 2:0,132637
TP 3:0,113507
SL: 0,187236
Why I still favor the downside:
• Price is well under both the 1h EMAs, which keeps the path of least resistance lower.
• The 4h RSI at 33 shows downside momentum is still active, not exhausted.
• What keeps me cautious is the low ADX — the move lacks strong trend conviction so far.
How I see it:
I want to see price reject again below 0.1606 before I trust the short more.
The key debate:
Would you wait for a retest of that support break, or step aside until ADX picks up?
⚠️ Personal market analysis only, not financial advice. Always verify the live price and manage your own risk.
$BANK • SHORT
Trade setup:
Entry zone: 0,160634 – 0,166546
TP 1:0,144460
TP 2:0,132637
TP 3:0,113507
SL: 0,187236
Why I still favor the downside:
• Price is well under both the 1h EMAs, which keeps the path of least resistance lower.
• The 4h RSI at 33 shows downside momentum is still active, not exhausted.
• What keeps me cautious is the low ADX — the move lacks strong trend conviction so far.
How I see it:
I want to see price reject again below 0.1606 before I trust the short more.
The key debate:
Would you wait for a retest of that support break, or step aside until ADX picks up?
⚠️ Personal market analysis only, not financial advice. Always verify the live price and manage your own risk.