This chart illustrates a bearish trade setup using technical analysis on a 1-minute timeframe. The chart highlights:
A rising wedge pattern followed by a breakdown.
Marked entry point just below the wedge support.
Stop loss placed above the recent high within the red zone.
Target 1 level aligned with the Fibonacci extension and prior support zone.
Visual tools include Elliott Wave count, trendlines, volume analysis, and Fibonacci retracement.
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