$BANK Short Trade Setup
Entry: Current market price
Stop Loss (SL): 0.0410
Take Profit 1 (TP1): 0.0367
Take Profit 2 (TP2): 0.0359
Take Profit 3 (TP3): 0.0347
Market Analysis
$BANK is testing a major resistance level as momentum behind the recent rebound starts to stall. Dynamic sell-side liquidity is absorbing buying interest around this supply zone, capping further upward expansion. With buyers unable to push price higher, sell-side liquidity below current market structure remains vulnerable. Should supply continue to dominate, expect a downward leg targeting the lower support zones before any potential bounce.
[Trade Here] $BANK
#USJulyCPI&PPIDueThisWeek #SECIssuesNoActionLetterToFranklinTempleton #CerebrasFalls14%AfterHours
Entry: Current market price
Stop Loss (SL): 0.0410
Take Profit 1 (TP1): 0.0367
Take Profit 2 (TP2): 0.0359
Take Profit 3 (TP3): 0.0347
Market Analysis
$BANK is testing a major resistance level as momentum behind the recent rebound starts to stall. Dynamic sell-side liquidity is absorbing buying interest around this supply zone, capping further upward expansion. With buyers unable to push price higher, sell-side liquidity below current market structure remains vulnerable. Should supply continue to dominate, expect a downward leg targeting the lower support zones before any potential bounce.
[Trade Here] $BANK
#USJulyCPI&PPIDueThisWeek #SECIssuesNoActionLetterToFranklinTempleton #CerebrasFalls14%AfterHours