$USUAL
🔐 Strategy: Neutral to Bearish (Potential Downward Movement)
🛒 Sell Zone:
Entry: 1.0690 - 1.0700 (📉 Below moving averages)
🎯 Take Profit (TP):
TP1: 1.0400 (🔻 Support level)TP2: 1.0300 (📉 Extended downside)
🛑 Stop Loss (SL):
SL: 1.0800 (🔝 Key resistance level)
💡 Risk/Reward Ratio
⚠️ Risk: 0.0120 (🔻 Entry to SL)💰 Reward (TP1): 0.0300 (📉 Moderate downside)💵 Reward (TP2): 0.0400 (🎯 Extended downside)
🔍 Indicators to Watch
📉 RSI (Relative Strength Index):
📉 Look for RSI levels below 30 for oversold conditions, signaling a potential buying opportunity.
💥 MACD (Moving Average Convergence Divergence):
🟢 A bullish crossover above 1.0730 would indicate a possible upward trend.
📈 Volume Trends:
🔼 Increased volume near 1.0500 would confirm the bearish movement.
🚨 Recommendations
📉 Watch for entry near 1.0690 - 1.0700 for short position.💪 Hold below 1.0400 for potential further downside.🚨 Exit/Stop-loss if price rises above 1.0800.