$ESP — Rejected Beneath Falling Trendline, Liquidity Flush Setup Loading 📉
Trade Plan: Short $ESP
Entry: 0.105 - 0.110
SL: 0.11529
TP: 0.09637 | 0.08662 | 0.07679
Why this Setup?
ESP is pressing into a major overhead supply pocket beneath the descending trendline, with the 0.1077 area acting as the immediate rejection zone. A failure to reclaim this structure could trigger a cascading flush through 0.09637, then open the path toward 0.08662 and 0.07679. As long as 0.11529 holds, the bearish setup remains valid.
Trade $ESP here 👇
Trade Plan: Short $ESP
Entry: 0.105 - 0.110
SL: 0.11529
TP: 0.09637 | 0.08662 | 0.07679
Why this Setup?
ESP is pressing into a major overhead supply pocket beneath the descending trendline, with the 0.1077 area acting as the immediate rejection zone. A failure to reclaim this structure could trigger a cascading flush through 0.09637, then open the path toward 0.08662 and 0.07679. As long as 0.11529 holds, the bearish setup remains valid.
Trade $ESP here 👇
