SUI/USD Swing Short Setup – Bearish Rejection at 800 EMA
📍 Entry Type: Swing Trade (H12 Chart)
🔻 Position: Short
🎯 Take Profit: 1.04 (Key intersection support zone)
🛑 Stop Loss: 2.45 (Above 800 EMA for structure protection)
⚖️ R:R Ratio: ~3.5:1
📈 Technical Breakdown:
Price has retraced into the 800 EMA from below, forming a clean lower high.
55 SMA is sloping downward, confirming a bearish structure and trend direction.
Bear Power (100) remains negative, signaling sustained bearish momentum.
Williams %R (50 & 100) is rejecting from overbought territory, aligning with downside pressure.
The Parabolic SAR has flipped bearish after the retracement, providing additional confirmation.
Confluence from multi-timeframe resistance and institutional EMA rejection supports the short bias.
📍 Entry Type: Swing Trade (H12 Chart)
🔻 Position: Short
🎯 Take Profit: 1.04 (Key intersection support zone)
🛑 Stop Loss: 2.45 (Above 800 EMA for structure protection)
⚖️ R:R Ratio: ~3.5:1
📈 Technical Breakdown:
Price has retraced into the 800 EMA from below, forming a clean lower high.
55 SMA is sloping downward, confirming a bearish structure and trend direction.
Bear Power (100) remains negative, signaling sustained bearish momentum.
Williams %R (50 & 100) is rejecting from overbought territory, aligning with downside pressure.
The Parabolic SAR has flipped bearish after the retracement, providing additional confirmation.
Confluence from multi-timeframe resistance and institutional EMA rejection supports the short bias.
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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.
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.