$AKE REJECTION OF RESISTANCE SIGNALS DOWNWARDS — DOWNWARD POTENTIAL.
TRADE SETUP — SHORT
Entry : 4,494
Target : 3,482
SL : 4,971
AR shows a rejection from the marked resistance zone after a strong rally. The chart structure suggests a possible return to the support zone at 3,482 as long as price remains below 4,494.
The key invalidation is at 4,971. If the resistance continues to hold, the bearish momentum may develop toward the marked target.
SHORT ACTIVE SETUP — AR Trade
TRADE SETUP — SHORT
Entry : 4,494
Target : 3,482
SL : 4,971
AR shows a rejection from the marked resistance zone after a strong rally. The chart structure suggests a possible return to the support zone at 3,482 as long as price remains below 4,494.
The key invalidation is at 4,971. If the resistance continues to hold, the bearish momentum may develop toward the marked target.
SHORT ACTIVE SETUP — AR Trade