★ A+ Setup
Breakdown Continuation Short (Primary)
- Zone
- Acceptance below 6,963; 6,940 (20DMA); 6,990–6,994
- Trigger
- Failed reclaim of 6,963; Lower high on retest; Delta flips negative; VWAP caps price from above; Strong rejection wicks; Absorption at lows; Delta stabilizes / turns positive; VWAP flattens or curls up; Pop into supply; Immediate rejection; Delta divergence; VWAP stays below price
- Target
- 6,950 → 6,940 (20DMA) → Extension: 6,913 if 20DMA fails → 6,963 → 6,990 only if momentum rebuilds → 6,963 → 6,950
- Invalidation
- Clean acceptance back above 6,963; Acceptance below 6,940; Acceptance above 6,994
This is a rotation short, not a panic short.; Be cautious into 6,950 — reactions are likely.; 🟢 Secondary Setup — 20DMA Reaction Long (Conditional); This is a tactical long, not a swing.; If 20DMA fails, step aside — gap risk increases fast.; 🟡 Rejection Fade — Failed Rally Short; Do not short late. Let price come to you.