$VELVET — 0.6631 exhaustion taking over. Heavy dump brewing below 0.637.
Trade Plan: Short $VELVET
Entry: 0.65 – 0.67
SL: 0.6858
TP: 0.5881 | 0.5280 | 0.4654
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
Exhaustion is creeping in near 0.6631 as upside momentum starts fading. A break below 0.637 could unleash a heavy selloff toward 0.5881 and lower. As long as 0.6858 holds, the bearish setup remains valid.
Click Here to Trade 👇 $VELVET
Trade Plan: Short $VELVET
Entry: 0.65 – 0.67
SL: 0.6858
TP: 0.5881 | 0.5280 | 0.4654
Strategy: Adjust Quantities to that much you can afford to loose
Why this Setup?
Exhaustion is creeping in near 0.6631 as upside momentum starts fading. A break below 0.637 could unleash a heavy selloff toward 0.5881 and lower. As long as 0.6858 holds, the bearish setup remains valid.
Click Here to Trade 👇 $VELVET
