Trade Breakdown:
Entry: A potential short setup might trigger after seeing clear rejection near the upper red line (1.7655) or the High at 1.7930. This would signal that the liquidity hunt is complete, and the price may reverse.
Targets: The initial target could be around the lower red lines at 1.6192 and 1.5857, or further towards the Low at 1.5435, which aligns with deeper sell-side liquidity.
Monitor for confirmation, such as a shift in the lower timeframe market structure, before taking the trade. This setup looks solid for a liquidity-based short.
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