We spotted a clean downtrend line on the 4H chart and shared a potential short setup near the $3.00ā$3.12 zone.
As expected, price respected the trendline and started dropping sharply! š
š Chart: 4H
š Setup Type: Trendline Rejection Short
šµ Entry Zone: $3.00 ā $3.12
š Current Price: $2.81
ā Profit Range: +6% to +8% (approx.)
The bearish pressure is still active ā as long as this trendline holds, we may continue seeing lower moves. ā”
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