$TRUMP Fade the Rally: Time to Book the Vote.....
$TRUMP has printed a classic rejection wick after a strong bounce, failing to sustain above the 9.50 resistance. The current pullback shows bearish momentum taking over again on the 4H chart.
š SHORT Trade Setup
ā¢ Entry Zone: 9.05 ā 9.10
ā¢ TP1: 8.78
ā¢ TP2: 8.52
ā¢ TP3: 8.30
ā¢ Stop Loss: Above 9.35
Market Insight:
TRUMP saw a sharp recovery from 8.30 to 9.51, but the rejection at the top combined with a descending volume profile signals exhaustion. The structure is weakening again with lower high forming. Look for a breakdown confirmation below 9.00 to ride the next wave down.