$CFX Short setup
Entry0.07000–0.07050
SL Stop-Loss0.07150
TP 0.06500 and 0.06150
Alternate Setup (Long if support holds):
If price bounces from 0.06500–0.06600 with a bullish engulfing candle and volume, enter long with SL below 0.06300 and TP1 0.07000, TP2 0.07500.
Invalidation Conditions:
Bullish: 1H close above 0.07150 invalidates the short setup.
Bearish: 1H close below 0.05990 would signal a deeper correction.
Entry0.07000–0.07050
SL Stop-Loss0.07150
TP 0.06500 and 0.06150
Alternate Setup (Long if support holds):
If price bounces from 0.06500–0.06600 with a bullish engulfing candle and volume, enter long with SL below 0.06300 and TP1 0.07000, TP2 0.07500.
Invalidation Conditions:
Bullish: 1H close above 0.07150 invalidates the short setup.
Bearish: 1H close below 0.05990 would signal a deeper correction.