$FORM BEARISH SETUP – SELLERS TAKING CONTROL
$FORM is showing bearish momentum after failing to break resistance near 0.2558. The SUPERTREND (10,3) is signaling downward pressure, supported by short-term moving averages sloping lower. Price is approaching critical support around 0.2376, with further declines likely if this level is breached. Market structure favors sellers in the near term.
Trade Setup:
Short Entry: Below 0.2460
Target 1 (TP1): 0.2436
Target 2 (TP2): 0.2418
Stop Loss (SL): 0.2485
Risk Management: Risk 1–2% of capital per trade. Scale out partial profits at TP1 and move SL to break-even as price moves in favor.
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