$NFP This rebound looks like a trap to me. The price has returned to the previously suppressed area, but the momentum indicators are starting to weaken, and the RSI is also back near the overbought edge. I don’t think there’s a solid basis for sustained upside here; instead, it’s more likely a good spot for the shorts to re-enter.
The risk-reward ratio is laid out clearly: there’s more room to the downside than to the upside. I’ll build positions gradually in this area and let the market validate it—if the buyers were truly that strong, they would have already broken the previous high instead of stalling here.
🔴 Trade Direction: Short
📍 Entry Range: 0.00636 – 0.00664
🛑 Stop Loss: 0.00710
🎯 Take Profit 1: 0.00610
🎯 Take Profit 2: 0.00582
🎯 Take Profit 3: 0.00550
$NFP
Click below to trade👇👇👇
The risk-reward ratio is laid out clearly: there’s more room to the downside than to the upside. I’ll build positions gradually in this area and let the market validate it—if the buyers were truly that strong, they would have already broken the previous high instead of stalling here.
🔴 Trade Direction: Short
📍 Entry Range: 0.00636 – 0.00664
🛑 Stop Loss: 0.00710
🎯 Take Profit 1: 0.00610
🎯 Take Profit 2: 0.00582
🎯 Take Profit 3: 0.00550
$NFP
Click below to trade👇👇👇