$MOVE
🔐 Strategy: Short Position (Potential Downward Trend)
🛒 Sell Zone:
Entry: 1.0140 - 1.0135 (📉 Below short-term moving averages)
🎯 Take Profit (TP):
TP1: 0.9653 (📉 Strong support level)TP2: 0.9500 (🔻 Extended downside target)
🛑 Stop Loss (SL):
SL: 1.1548 (🔝 Key resistance level, above it would signal reversal)
💡 Risk/Reward Ratio
⚠️ Risk: 0.0005 (🔻 Entry to SL)💰 Reward (TP1): 0.0457 (📉 Significant downside)💵 Reward (TP2): 0.0600 (🎯 Higher profit potential)
🔍 Indicators to Watch
📉 RSI (Relative Strength Index):
📉 Look for oversold conditions (<30) for potential buying opportunity.
💥 MACD (Moving Average Convergence Divergence):
🟢 A bullish crossover above 1.01 would signal potential reversal.
📈 Volume Trends:
🔼 Increased volume near 1.0022 would confirm bullish reversal.
🚨 Recommendations
📉 Watch for entry near 1.0135 - 1.0140.💪 Hold below 0.9653 for further bearish movement.🚨 Exit/Stop-loss if price rises above 1.1548.