$GPS : Ready to shorten on bearish breakdown.
The GPS shows a clear break on the 15m chart, failing to hold the MA99 support and printing a bearish engulfing candle. With the 1h RSI(6) at 34.40 and the price trading below all the main moving averages, the path of least resistance remains downward, toward the 0.011500 level.
Entry: 0.012275 – 0.012403
Stop Loss: 0.012775
TP1: 0.011500
TP2: 0.010829
Click here to trade 👇
The GPS shows a clear break on the 15m chart, failing to hold the MA99 support and printing a bearish engulfing candle. With the 1h RSI(6) at 34.40 and the price trading below all the main moving averages, the path of least resistance remains downward, toward the 0.011500 level.
Entry: 0.012275 – 0.012403
Stop Loss: 0.012775
TP1: 0.011500
TP2: 0.010829
Click here to trade 👇