Short $TRUMP at 1.68 on the 4H. Sellers need to cap it here.
That's the level above the 4H EMA50 at 1.66. A wick into 1.683 and a close back under would be clean. Reclaim 1.74 and I let it go.
Entry 1.673–1.683 (short)
Targets 1.642 → 1.619 → 1.583
Invalidation 1.737
• Daily sits below the EMA200 at 2.25, so the bigger trend backs this
• Stop 3.5% away, TP3 5.7% away, about 1.6R to the last target
• RSI 52 on the 1H, nothing stretched either way
Not advice. Your risk.
That's the level above the 4H EMA50 at 1.66. A wick into 1.683 and a close back under would be clean. Reclaim 1.74 and I let it go.
Entry 1.673–1.683 (short)
Targets 1.642 → 1.619 → 1.583
Invalidation 1.737
• Daily sits below the EMA200 at 2.25, so the bigger trend backs this
• Stop 3.5% away, TP3 5.7% away, about 1.6R to the last target
• RSI 52 on the 1H, nothing stretched either way
Not advice. Your risk.
