Strong impulse move followed by sharp rejection from highs

$BROCCOLI714 SHORT

Trade Plan

Entry $0.0183 – $0.0188

SL $0.0202

TP1 $0.0170

TP2 $0.0160

TP3 $0.0145

Why this setup

Parabolic move showing exhaustion at top

Strong rejection wick from resistance zone

Lower highs forming on pullback

Momentum likely to continue downside below 0.018 support

Sell and Trade $BROCCOLI714

BROCCOLI714
BROCCOLI714
0.01817
-2.46%