Possible short on intra-day structure failure for consolidation
Short-term short
Looking for 2:1 RR
Price should consolidate to the Light Blue SMMA and find support on the daily equilibrium Triangle that has formed.
We are in breakout mode from here so we either see bullish continuation or this is a huge bull trap fakeout. Keeping stops tight
4hr RSI is super overbought so bullish entry above 9000 only likely after RSI cools a bit
Looking for 2:1 RR
Price should consolidate to the Light Blue SMMA and find support on the daily equilibrium Triangle that has formed.
We are in breakout mode from here so we either see bullish continuation or this is a huge bull trap fakeout. Keeping stops tight
4hr RSI is super overbought so bullish entry above 9000 only likely after RSI cools a bit
