$PROM just crumbled on the 4‑hour chart. Bearish candles are screaming down, and the 1‑hour is mirroring that pain.
The structure is clean: we’re below the 5.4 k pivot, a tight range from 5.3812 to 5.4028 gives us a neat entry zone. The 4‑hour trend is solidly bearish, and the 1‑hour momentum is turning negative, so the short bias is crystal.
Target zones line up at 4.9911, 4.6704 and 4.3497. Stop loss sits at 5.7929, just above the recent swing high, giving a decent risk‑reward.
If you’re ready to ride this drop, what’s your preferred position size for this setup? 🚀
The structure is clean: we’re below the 5.4 k pivot, a tight range from 5.3812 to 5.4028 gives us a neat entry zone. The 4‑hour trend is solidly bearish, and the 1‑hour momentum is turning negative, so the short bias is crystal.
Target zones line up at 4.9911, 4.6704 and 4.3497. Stop loss sits at 5.7929, just above the recent swing high, giving a decent risk‑reward.
If you’re ready to ride this drop, what’s your preferred position size for this setup? 🚀
