$STG (1h) - Resistance Rejection Short


Bias: Short
Entry (Zone): 0.2170 - 0.2210
Targets:
TP1: 0.2090
TP2: 0.2010
TP3: 0.1940
Stop Loss: 0.2285
Why this Setup:
I see price stalling under the recent swing highs and failing to hold momentum after each rebound. I want to sell a rejection back into this resistance area, since the structure still looks weak and a drop through the local lows could extend the move lower.
STG3.52%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin