$BTW SHORT SELL SETUP Sellers are waiting for a bounce!
Entry: 1.175 – 1.190
TP1: 1.145
TP2: 1.111
TP3: 1.070
Final target: 1.030
SL: 1.284
Trade rationale:
BTW is trading around 1.17 after a strong 24-hour rally, with price showing signs of volatility near recent resistance.
The 4H structure remains bearish, while the 1H and daily charts still show bullish momentum. Therefore, this short trade could be a play on a pullback, rather than a confirmed trend reversal signal.
Entry: 1.175 – 1.190
TP1: 1.145
TP2: 1.111
TP3: 1.070
Final target: 1.030
SL: 1.284
Trade rationale:
BTW is trading around 1.17 after a strong 24-hour rally, with price showing signs of volatility near recent resistance.
The 4H structure remains bearish, while the 1H and daily charts still show bullish momentum. Therefore, this short trade could be a play on a pullback, rather than a confirmed trend reversal signal.
