Trade Setup: Bearish Rejection Zone
Entry Price: 3,341.830
Stop Loss: 3,380.741 (Upper Resistance Zone)
Take Profit: 3,281.231 (Key Support Zone)
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📊 Technical Analysis:
Price is showing a lower high formation, indicating possible weakness in the bullish move.
A strong resistance zone is forming near 3,350–3,380, which previously acted as supply.
The bearish engulfing pattern near this zone signals selling pressure.
RSI and MACD (not shown here) would likely support short-term bearish divergence.
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📉 Risk-Reward Ratio (RRR):
Approx. 1:2.5 – Favorable for intraday or short-swing traders.
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✅ Strategy Summary:
Sell Below: 3,345.830_3350
Stop Loss Above: 3,380.741
Target price 3330
Target price 3300
Target Price: 3,285
Bias: Bearish
Timeframe: 4H
Entry Price: 3,341.830
Stop Loss: 3,380.741 (Upper Resistance Zone)
Take Profit: 3,281.231 (Key Support Zone)
---
📊 Technical Analysis:
Price is showing a lower high formation, indicating possible weakness in the bullish move.
A strong resistance zone is forming near 3,350–3,380, which previously acted as supply.
The bearish engulfing pattern near this zone signals selling pressure.
RSI and MACD (not shown here) would likely support short-term bearish divergence.
---
📉 Risk-Reward Ratio (RRR):
Approx. 1:2.5 – Favorable for intraday or short-swing traders.
---
✅ Strategy Summary:
Sell Below: 3,345.830_3350
Stop Loss Above: 3,380.741
Target price 3330
Target price 3300
Target Price: 3,285
Bias: Bearish
Timeframe: 4H
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Don't go anywhere Just stay tuned My Channel getting more accurate signal Daily
professional Trader
professional Trader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.