$VELVET SHORT — Rejection from the $1.15–$1.20 supply zone signals a potential deeper correction.
Trade Setup: SHORT
Entry: $1.01–$1.04
SL: $1.20
TP1: $0.90
TP2: $0.75
TP3: $0.60
The structure is turning bearish after a sharp rejection from the highs. Sustained selling below $1.00 could accelerate the downside toward the marked targets.
Trade Setup: SHORT
Entry: $1.01–$1.04
SL: $1.20
TP1: $0.90
TP2: $0.75
TP3: $0.60
The structure is turning bearish after a sharp rejection from the highs. Sustained selling below $1.00 could accelerate the downside toward the marked targets.