Bearish Break of Trendline + Retest | Short Setup

Price has broken below the ascending trendline, indicating a potential shift in market structure. The recent bearish momentum suggests sellers are gaining control. After the breakout, price is now retesting the underside of the trendline, providing a potential short entry opportunity.

Entry: On retest confirmation below the trendline

Stop Loss: Above the recent swing high (red zone)

Take Profit: Toward the previous demand zone (highlighted blue support area)

This setup aligns with trendline break-and-retest principles and anticipates a move back toward significant demand.