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THE NAUGHTY LIST: $FOLKS IS TRAPPING BUYERS ๐โซ
๐ CLICK ON $FOLKS TO SHORT THE BOUNCE
Ho Ho Ho! Nice try, but we see you! ๐
FOLKS is trying to crawl back up the chimney, but the trend is clearly broken. The Elves detected a small "Bullish Divergence" trap (that Green tag on the chart). We don't buy it. We sell into it.
๐ THE SANTA LIST (Analysis):
Why more Coal?
The Dead Cat Bounce: The price crashed to 1.365 and is now bouncing to 1.415. This is a classic "Retest" of the breakdown zone.
Gravity Wins: The structure is heavy. This relief rally is just cooling off the indicators before the next drop.
๐ THE SLEIGH RIDE DOWN ($FOLKS):
๐ด ACTION: SHORT (Sell the Rally).
๐ ENTRY: 1.415 - 1.425 (Enter Now).
๐ YOUR REWARDS (Targets):
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TP1: 1.406 (Mid-Range Support).
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TP2: 1.365 (Retest of the Lows).
๐ MEGA GIFT: 1.340 (New Basement Level).
๐ CHIMNEY ESCAPE (Stop Loss):
SL: 1.490
๐
SANTA'S MESSAGE:
Don't be fooled by a green candle in a red trend.
It's just a better price for us to sell!
Coal delivery incoming. ๐ท๐จ
๐ Fading the bounce? Click on $FOLKS
