$LUMIA (1h) - Rejection Short


Bias: Short
Entry (Zone): 0.1730 - 0.1790
Targets:
TP1: 0.1660
TP2: 0.1580
TP3: 0.1470
Stop Loss: 0.1865
Why this Setup:
I see price pushing into a clear resistance ceiling after a stretched rebound, and the upside extension is starting to slow. I want to fade this move if buyers lose momentum here, since the current structure looks vulnerable to a failed continuation and a rotation back into lower support zones.
LUMIA17,1%
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