$BANK — ngl, this is a short. It's trapped in a clear range right now, can't punch through. The recent candles are getting smacked back near the top boundary, showing weakness. Plus, the short-term moving averages are sloping down, that’s bearish bias showing through. I'm fading the next move down toward the range floor. If it clears that low, I'm out fast. This is a layup short until it fails the downside.
Plan (15m only): entry ~0.05482 · SL 0.05564 · TP 0.05345 · R:R 1.67
15m only — not a swing call.
#TechnicalAnalysis