$SAHARA short: 0.00742 is the 4H resistance I'm watching.
Daily trend is down, so I want to see sellers hold this zone. My line is 0.00752; below it, 0.00734 then 0.00729 come into view.
The read:
- 4H price 0.00741 sits below the EMA50 at 0.00790, so trend structure still favors sellers
- Risk 1.6% to SL vs 2.5% to TP3, about 1.6R if the full move plays out
- Daily below the EMA200 at 0.01394, the bigger trend is on this side
🔴 SHORT · Entry 0.007398–0.007418 · TP 0.007338 / 0.007291 / 0.007220 · SL 0.007525
Sellers defend 0.00742, or does it break?
NFA · DYOR
Daily trend is down, so I want to see sellers hold this zone. My line is 0.00752; below it, 0.00734 then 0.00729 come into view.
The read:
- 4H price 0.00741 sits below the EMA50 at 0.00790, so trend structure still favors sellers
- Risk 1.6% to SL vs 2.5% to TP3, about 1.6R if the full move plays out
- Daily below the EMA200 at 0.01394, the bigger trend is on this side
🔴 SHORT · Entry 0.007398–0.007418 · TP 0.007338 / 0.007291 / 0.007220 · SL 0.007525
Sellers defend 0.00742, or does it break?
NFA · DYOR