#trapbounce
trapbounce
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$M IS SETTING UP FOR A BIG SHORT FROM 1.75โ1.85 ๐ฅ
Entry: 1.75โ1.85 ๐ฅ
Target: 1.50 ๐
Stop Loss: 2.00 โ ๏ธ
This is a simple level to watch. If $M canโt close the H4 candle above $2.00, this bounce looks like a trap to me. Late longs get stuck above 1.85 and the next move likely takes us toward 1.50 and lower.
Volume already fading into resistance and the daily structure still favors shorts. Multiple targets from 1.50 down to 0.80โplenty of room if the rejection is real. Are you shorting this zone or waiting for a confirm?
Not financial advice. Always manage your risk.
#M #ShortSetup #TrapBounce #Crypto
๐ฅ
Entry: 1.75โ1.85 ๐ฅ
Target: 1.50 ๐
Stop Loss: 2.00 โ ๏ธ
This is a simple level to watch. If $M canโt close the H4 candle above $2.00, this bounce looks like a trap to me. Late longs get stuck above 1.85 and the next move likely takes us toward 1.50 and lower.
Volume already fading into resistance and the daily structure still favors shorts. Multiple targets from 1.50 down to 0.80โplenty of room if the rejection is real. Are you shorting this zone or waiting for a confirm?
Not financial advice. Always manage your risk.
#M #ShortSetup #TrapBounce #Crypto
๐ฅ
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