This chart suggests a high-probability short trade setup, targeting a reversal from a well-defined supply zone. The confluence of order block resistance, local trendline rejection, and weakening bullish momentum supports a bearish bias. Traders may consider entering short positions near the OB zone, with targets toward 140.704 and 140.182, and stops above 141.936.
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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.