$BANK short 50x | Rejection zone is active now.
Finally, BANK stepped into the zone I drew for the short trade—this is where the plan gets executed, not improvised. I'm already inside it, but only because the invalidation is tight enough to be respected.
Trading plan:
- Entry: 0.03741 – 0.03761
- TP1: 0.03677 (R:R 1:0.7)
- TP2: 0.03628 (R:R 1:1.3)
- TP3: 0.03554 (R:R 1:2.0)
- SL: 0.03849
Why such a setup?
- The higher timeframe bias is still bearish, but the real trigger is how price behaves inside 0.03741–0.03761 near 0.03751.
- With RSI on the 15-minute chart at 50, there’s still room for buyers/sellers to keep the move going—confirmation, not an option.
- Trading volume tells the story: 0.17x of usual, with 1.27M traded versus an expected 7.31M, so participation is real.
Finally, BANK stepped into the zone I drew for the short trade—this is where the plan gets executed, not improvised. I'm already inside it, but only because the invalidation is tight enough to be respected.
Trading plan:
- Entry: 0.03741 – 0.03761
- TP1: 0.03677 (R:R 1:0.7)
- TP2: 0.03628 (R:R 1:1.3)
- TP3: 0.03554 (R:R 1:2.0)
- SL: 0.03849
Why such a setup?
- The higher timeframe bias is still bearish, but the real trigger is how price behaves inside 0.03741–0.03761 near 0.03751.
- With RSI on the 15-minute chart at 50, there’s still room for buyers/sellers to keep the move going—confirmation, not an option.
- Trading volume tells the story: 0.17x of usual, with 1.27M traded versus an expected 7.31M, so participation is real.