$TAO guys, this is a short for me. The price just keeps testing that descending trendline, and it ain't holding. That last swing high failed hard to break out above the resistance cluster, proving the sellers got the muscle. Plus, the current candle is showing a massive rejection wick right near the top of the recent range. I'm fading this bounce unless it snaps clean above that prior high, then I bail.
Plan (15m only): entry ~203.490 · SL 206.542 · TP 199.420 · R:R 1.33
15m only — not a swing call.
#MarketAnalysis
Plan (15m only): entry ~203.490 · SL 206.542 · TP 199.420 · R:R 1.33
15m only — not a swing call.
#MarketAnalysis