📉 Market Structure (Current)

Strong sell-off from 6.33 → 5.68

RSI ≈ 21 → oversold, bounce possible

Price holding near intraday support

Trend is bearish, so trade carefully (scalp / short-term)

🔵 LONG SETUP (Oversold Bounce – Safe scalp)

Entry:

➡️ 5.70 – 5.75

Stop Loss:

❌ 5.58 (below recent low 5.686)

Take Profit:

🎯 TP1: 5.90

🎯 TP2: 6.05

🎯 TP3: 6.20 (only if volume comes)

Logic:

RSI oversold

Support-based bounce

Quick recovery targets only

⚠️ Exit partial at TP1, move SL to breakeven.

🔴 SHORT SETUP (Trend-following – Better RR)

Entry:

➡️ 6.05 – 6.15 (pullback / rejection zone)

Stop Loss:

❌ 6.35

Take Profit:

🎯 TP1: 5.85

🎯 TP2: 5.60

🎯 TP3: 5.35 (if market weak)

Logic:

Lower high structure

Strong resistance near 6.1–6.3

Trend still bearish

🧠 Final Advice

Best trade now: Small LONG scalp only if price holds above 5.68

If 5.65 breaks with volume → avoid longs

Higher timeframe still bearish → short on bounce is safer