$BULLA #scalper #ScalperClub #BULLASUDT
Price = 0.72758
đ Current Structure
After the large spike, price is forming lower highs and lower lows. There are multiple red supply/resistance zones above the current price. The recent bounce appears to have been rejected from resistance. Short-term momentum is currently weak.
đŽ Sell Setup
I would not chase the current falling candle.
A better setup is:
Sell = Pullback + Rejection
Price pulls back toward the nearest resistance/supply zone. A bearish rejection or lower-high forms. Enter short after confirmation.
SL: Above the rejection swing high
TP1: Recent low
TP2: Next liquidity/support zone
TP3: Lower liquidity zone if the breakdown continues.
Price = 0.72758
đ Current Structure
After the large spike, price is forming lower highs and lower lows. There are multiple red supply/resistance zones above the current price. The recent bounce appears to have been rejected from resistance. Short-term momentum is currently weak.
đŽ Sell Setup
I would not chase the current falling candle.
A better setup is:
Sell = Pullback + Rejection
Price pulls back toward the nearest resistance/supply zone. A bearish rejection or lower-high forms. Enter short after confirmation.
SL: Above the rejection swing high
TP1: Recent low
TP2: Next liquidity/support zone
TP3: Lower liquidity zone if the breakdown continues.