$EDGE short: sellers sit at 0.372 on the 4H ๐
Reject 0.372 โ 0.361, then 0.355.
Reclaim 0.382 โ the idea is off the table.
I want to see sellers turn price away here, not let it sit on top of it.
What I'm seeing:
- 4H price 0.371 below EMA50 0.432, trend structure still favors sellers
- Daily below EMA200 0.668, the bigger trend is on this side
- Risk 2.8% to SL vs 4.5% to TP3, about 1.6R if the full move plays out
๐ด SHORT ยท Entry 0.3706โ0.3724 ยท TP 0.3652 / 0.3610 / 0.3547 ยท SL 0.3820
NFA ยท DYOR
Reject 0.372 โ 0.361, then 0.355.
Reclaim 0.382 โ the idea is off the table.
I want to see sellers turn price away here, not let it sit on top of it.
What I'm seeing:
- 4H price 0.371 below EMA50 0.432, trend structure still favors sellers
- Daily below EMA200 0.668, the bigger trend is on this side
- Risk 2.8% to SL vs 4.5% to TP3, about 1.6R if the full move plays out
๐ด SHORT ยท Entry 0.3706โ0.3724 ยท TP 0.3652 / 0.3610 / 0.3547 ยท SL 0.3820
NFA ยท DYOR