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$ORDI (1H) - Range Rejection Short
Bias: Short
Entry (Zone): 4.56 - 4.58
Targets:
TP1: 4.50
TP2: 4.46
TP3: 4.41
Stop Loss: 4.62
Why this Setup:
I’m leaning short as price keeps failing to reclaim the 4.56 to 4.58 area after a clean intraday downtrend. I want a rejection from this range top for a continuation move lower, with momentum likely extending into the previous swing lows if sellers stay in control.
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