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$JTO (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.648 - 0.664
Targets:
TP1: 0.620
TP2: 0.590
TP3: 0.555
Stop Loss: 0.692
Why this Setup:
I’m looking for a short after the strong impulsive move into resistance. Price has extended hard and is now showing rejection near the highs, so I want to fade the move on any weak bounce back into the 0.648 - 0.664 area.
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