TLM downside pressure remains strong
$TLM is showing a clear bearish structure on the 1H chart after the sharp breakdown from the 0.00158–0.00160 area. The bounce was rejected near 0.00150, and price is now struggling around 0.00140.
Short Setup Entry: 0.00140–0.00142
TP1: 0.00137
TP2: 0.00135
TP3: 0.00132
SL: 0.00146
A clean break below 0.00137 would strengthen the bearish continuation setup.
$TLM is showing a clear bearish structure on the 1H chart after the sharp breakdown from the 0.00158–0.00160 area. The bounce was rejected near 0.00150, and price is now struggling around 0.00140.
Short Setup Entry: 0.00140–0.00142
TP1: 0.00137
TP2: 0.00135
TP3: 0.00132
SL: 0.00146
A clean break below 0.00137 would strengthen the bearish continuation setup.