• Losing the psychological level of 0.70 → confirming short-term weakness • After a strong pump up to 0.73–0.74, H1 closes a red candle → false break • Lower high structure begins to form • Bull trap potential is confirmed on H1
👉 This is a confirmed short, no longer a peak guess.
⸻
🎯 SPECIFIC SHORT SETUP • Entry: 0.695 – 0.705 (a retracement is ideal) • Stop Loss (must be): 0.735 – 0.75 • Take Profit 1: 0.67 • Take Profit 2: 0.64 – 0.65 • Volume: 50–70% of plan (not all-in)
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$LIGHT Why short when H1 closes below 0.70
• Losing the psychological level of 0.70 → confirming short-term weakness
• After a strong pump up to 0.73–0.74, H1 closes a red candle → false break
• Lower high structure begins to form
• Bull trap potential is confirmed on H1
👉 This is a confirmed short, no longer a peak guess.
⸻
🎯 SPECIFIC SHORT SETUP
• Entry: 0.695 – 0.705 (a retracement is ideal)
• Stop Loss (must be): 0.735 – 0.75
• Take Profit 1: 0.67
• Take Profit 2: 0.64 – 0.65
• Volume: 50–70% of plan (not all-in)