$COMP — Bears are taking control.
After the spike to 18.50, COMP has started forming lower highs and slipped below the MA7 and MA25. With momentum weakening, the 17.30–17.50 zone looks interesting for a short setup.
SHORT
Entry Zone: 17.30–17.50
TP1: 16.98
TP2: 16.60
TP3: 16.05
Stop Loss: 17.78
The key trigger is 16.98. A clean break below it could open the path toward 16.60 and 16.05.
Keep risk controlled and let price confirm the move.
After the spike to 18.50, COMP has started forming lower highs and slipped below the MA7 and MA25. With momentum weakening, the 17.30–17.50 zone looks interesting for a short setup.
SHORT
Entry Zone: 17.30–17.50
TP1: 16.98
TP2: 16.60
TP3: 16.05
Stop Loss: 17.78
The key trigger is 16.98. A clean break below it could open the path toward 16.60 and 16.05.
Keep risk controlled and let price confirm the move.