✅ Successful Signal Conditions:
Clean Rejection at Resistance Zone (0.04337 – 0.04375):
Price failed to hold above the retest zone and was rejected precisely from resistance, confirming it as a strong supply area.
Failed Bullish Breakout Attempt:
After testing the upper levels, the price was quickly pushed back down — this fake breakout and rejection often confirms bearish continuation.
Break Below Entry Trigger (0.04337):
Price dropped below the short entry level with conviction, now trading at 0.04289, showing that the signal is already in profit.
Bearish Candle + Volume Spike:
The red candle combined with high sell volume confirms momentum is with the bears.
Price Moving Toward Target (0.04274):
The price is very close to hitting the Take Profit level, showing excellent follow-through from the setup.
📌 Conclusion:
This trade is working as planned. The rejection, clean entry, and directional move all align with ideal short trade conditions. You can consider:
Taking partial profit, or
Trailing SL above 0.04310 to secure gains.