Short Setup (Counter-Trend Pullback)

🔍 Analysis:

Price recently hit resistance at $93.65 and is pulling back.

Bearish divergence potential on RSI (RSI: 58.92 and declining slightly).

Candle is pulling back below the 7 EMA ($91.66).

MACD is still bullish, but flattening — early sign of possible crossover.

📉 Entry:

Sell/Short near $91.50–$91.80 (current price level or a slight bounce up).

🎯 Target:

Take Profit 1: $90.20 (99 MA support).

Take Profit 2: $89.00 (previous resistance turned support).

🛑 Stop Loss:

Above $93.80 (above recent high, invalidates short thesis).

⚠️ Risk Management:

Risk:Reward Ratio: ~1:2+

Position sizing based on 1–2% capital risk.