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SMC

WIFUSDT.P / SHORT / M15WIFUSDT.P may fall from the bearish order block! Bearish Order Block :- 3.9697 and 3.9398 WIFUSDT.P is currently reacting to a bearish order block identified between 3.9697 and 3.9398, a zone known for institutional activity. The price has touched this critical area and is now showing signs of rejection, potentially setting the stage for a downward move. Detailed Analysis: Smart Money Concepts (SMC) have been applied to identify this valid bearish order block. These concepts track institutional footprints, allowing us to trade alongside the "big boys" in the market. The order block represents an area of significant supply, where institutions could be placing sell orders, leading to a potential reversal. After touching the order block, the price is starting to bounce back, confirming the presence of selling pressure. Expectations: If the bearish momentum continues, there is a high probability that the price will decline further. This setup has been carefully analyzed, leveraging SMC's high win rate to forecast potential market movements. While no trade is guaranteed, the alignment of multiple confluences increases the likelihood of a profitable outcome. Conclusion: This idea emphasizes trading with institutional patterns rather than retail behavior. Let’s monitor the price action closely and see how it develops. A profitable trade is within reach if the market follows this rejection setup. WIFUSDT.P / SHORT / M15 LEVERAGE :- 50X Entry Price :- 3.8465 Take Profit :- 3.6278 Stop Loss :- 4.0776
Short
by PraveenTrader1
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