$TRUMP : Entering SHORTS with force due to exhaustion.
The asset shows signs of exhaustion after touching a maximum of 2.934, with the 15m chart forming a bearish rejection wick. The RSI(6) at 61.87 on the 15m suggests cooling of the momentum, making a mean reversion toward the MA7 at 2.743 highly likely for a quick scalp.
Entry: 2.78 – 2.84
Stop Loss: 2.982
TP1: 2.599
TP2: 2.430
Click here to trade 👇
The asset shows signs of exhaustion after touching a maximum of 2.934, with the 15m chart forming a bearish rejection wick. The RSI(6) at 61.87 on the 15m suggests cooling of the momentum, making a mean reversion toward the MA7 at 2.743 highly likely for a quick scalp.
Entry: 2.78 – 2.84
Stop Loss: 2.982
TP1: 2.599
TP2: 2.430
Click here to trade 👇