$BANK is breaking down fast. Are you short yet or waiting to chase lower?
BANK has lost key support after a brutal rejection from the highs. Every bounce is being sold and sellers remain firmly in control. The trend is still pointing lower with no confirmed reversal on the chart.
Trade Setup:
• Entry: 0.308 to 0.314
• TP1: 0.295
• TP2: 0.280
• TP3: 0.260
• Stop Loss: 0.325
My view: Momentum remains heavily bearish. As long as price stays below 0.325 this looks like a continuation move to the downside rather than a recovery.
Take the short now or regret watching the next leg down without you. 📉
TRADE $BANK BELOW👇
BANK has lost key support after a brutal rejection from the highs. Every bounce is being sold and sellers remain firmly in control. The trend is still pointing lower with no confirmed reversal on the chart.
Trade Setup:
• Entry: 0.308 to 0.314
• TP1: 0.295
• TP2: 0.280
• TP3: 0.260
• Stop Loss: 0.325
My view: Momentum remains heavily bearish. As long as price stays below 0.325 this looks like a continuation move to the downside rather than a recovery.
Take the short now or regret watching the next leg down without you. 📉
TRADE $BANK BELOW👇