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$NIL 1h - Momentum Pullback Short
Bias: Short
Entry (Zone): 0.0748 - 0.0762
Targets:
TP1: 0.0710
TP2: 0.0678
TP3: 0.0635
Stop Loss: 0.0808
Why this Setup:
I’m looking for a short after the sharp impulse into resistance, since price is extended and likely to retrace before continuing higher. I want a clean rejection from the recent breakout area and I’ll use the prior swing levels as downside targets.
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