✅ Break above Monday high rejected, confirming resistance
✅ Structure is bearish — main scenario is return to Monday low ($221.56)
✅ Watch for reaction at target for partial profit taking
Active Scenario:
Hold/enter shorts while below Monday high
Target: $221.56 (Monday low)
Partial profit: On first touch of Monday low
Watch: Price reaction for potential reversal/setup at Monday low
🔔 Triggers & Confirmations:
Only consider reversal/long on strong bounce or reclaim at Monday low
Remain bearish while price is under Monday high
🚨 Risk Warning:
Local trend is bearish — don’t fight structure until reversal is confirmed