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$BR (1S) - Rejection of the short range
Bias: Short sell
Entry (zone): 0.173 - 0.181
Targets:
TP1: 0.160
TP2: 0.149
TP3: 0.136
Stop loss: 0.191
Why this setup:
I am looking for a short sell here because the price pushed to the upper end of the recent range and is starting to lose momentum after the strong explosive move. I want to oppose the rejection from this zone if buyers fail to confidently reclaim the highs, as the current structure appears extended and prone to a reversal.GateSquareMayTradingShare