$AVA
๐ Trade Signal๐ Strategy: Short Position (Potential Downward Trend)
๐ Sell Zone:
Entry: 1.2810 - 1.2820 (๐ Below short-term moving averages)
๐ฏ Take Profit (TP):
TP1: 1.2600 (๐ Key support level)TP2: 1.2400 (๐ป Extended downside target)
๐ Stop Loss (SL):
SL: 1.3267 (๐ Key resistance level)
๐ก Risk/Reward Ratio
โ ๏ธ Risk: 0.0467 (๐ป Entry to SL)๐ฐ Reward (TP1): 0.0207 (๐ Moderate downside)๐ต Reward (TP2): 0.0400 (๐ฏ Extended downside)
๐ RSI (Relative Strength Index):
๐ Look for oversold conditions (<30) for potential buying opportunity.
๐ฅ MACD (Moving Average Convergence Divergence):
๐ข A bullish crossover above 1.2800 would signal potential reversal.
๐ Volume Trends:
๐ผ Increased volume near 1.2646 would confirm bearish momentum.
๐จ Recommendations
๐ Watch for entry near 1.2810 - 1.2820.๐ช Hold below 1.2600 for further bearish movement.๐จ Exit/Stop-loss if price rises above 1.3267.