$BR — Rising wedge exhaustion forming at 0.72 supply. Massive downside alert....
Trade Plan: Short $BR
Entry: 0.66 - 0.70
SL: 0.77638
TP: 0.50476 | 0.35825 | 0.20357
Why this Setup?
A rising wedge is showing signs of exhaustion as price approaches the 0.72 supply zone. Rejection from this area could trigger a sharp downside move toward 0.50476, 0.35825 and 0.20357. As long as 0.77638 holds, the bearish setup remains valid.
Click here to Trade 👇 $BR
Trade Plan: Short $BR
Entry: 0.66 - 0.70
SL: 0.77638
TP: 0.50476 | 0.35825 | 0.20357
Why this Setup?
A rising wedge is showing signs of exhaustion as price approaches the 0.72 supply zone. Rejection from this area could trigger a sharp downside move toward 0.50476, 0.35825 and 0.20357. As long as 0.77638 holds, the bearish setup remains valid.
Click here to Trade 👇 $BR
