Chart read: The 15M structure has turned sharply bearish, with consecutive lower highs and a strong breakdown candle backed by heavy volume. The long wick near 0.42 shows buyers are still reacting there.
My plan: I’d prefer a relief bounce into 0.4800–0.4950 before considering the short. If price reclaims 0.5150, the setup is invalid.
Personal chart analysis, not financial advice. Manage risk and never use full capital on one trade.