$TIA Short scalp
Entry 0.7050 - 0.7100
SL 0.7250
TP 0.6850 and then 0.6540
Alternate Setup
if price breaks 0.7185 and holds, do not short. Look for a long entry on a retest of 0.7150 for a continuation play.
Invalidation Conditions:
A close above 0.7238 (Bollinger Upper) invalidates the bearish short setup.
A drop below 0.6311 invalidates the bullish medium-term structure.
Entry 0.7050 - 0.7100
SL 0.7250
TP 0.6850 and then 0.6540
Alternate Setup
if price breaks 0.7185 and holds, do not short. Look for a long entry on a retest of 0.7150 for a continuation play.
Invalidation Conditions:
A close above 0.7238 (Bollinger Upper) invalidates the bearish short setup.
A drop below 0.6311 invalidates the bullish medium-term structure.