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$LAB – Parabolic top rejected heavy selling pressure, trend shift
Entry: 1.15 – 1.20
SL: 1.35
TP: 1.00
TP: 0.85
TP: 0.70
Price action is weak after the initial bounce, and each attempt to break above 1.25 fails. The rejection at the top of the parabolic move has opened the door for a deeper pullback. Sellers are likely to take control as long as price stays below 1.25.
Trade $LAB here 👇Trading Plan Short $LAB