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$GUA (1h) - Rejection Short
Bias: Short
Entry (Zone): 1.18 - 1.21
Targets:
TP1: 1.12
TP2: 1.06
TP3: 0.99
Stop Loss: 1.26
Why this Setup:
I’m seeing price push into a clear resistance area after an extended run, but the latest candles are showing slower follow-through and heavier reactions near the highs. I want to fade this move if it keeps stalling under the recent peak, since a rejection here could rotate price back toward the prior support levels.
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