Entry Reason: Entered short upon the flip of the 4-hour candle, showing rejection at the upward (green) trendline. Price remains below the descending (red) trendline, signaling a potential continuation of bearish momentum.
Stop Loss: Placed above the descending (red) trendline to account for dynamic protection against an upward breakout.
Take Profit: Positioned at the lowest 4-hour resistance level before the visible gap, aiming for a key support target.
SL to Break-Even (BE): Adjust stop loss to break-even at 1.05271, upon the break of the higher low.
Additional Notes: Entry was made near a significant 4-hour resistance level, adding confluence for the bearish trade setup. Price action and trendline interaction are being closely monitored to refine trade management.
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