Why this setup? 4H chart is armed for a SHORT. RSI on the 15m is deeply oversold at 23, signaling potential for a sharp continuation move down. The daily trend is range-bound, increasing the probability of a rejection from the top of the consolidation. Entry zone is defined between 7.157 and 7.438.
Debate: Is this oversold RSI a bear trap or the start of a major breakdown?
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