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$RAVE | 1h | Bearish Breakdown Retest
Bias: Short
Entry Zone: 0.6230 to 0.6290
Stop Loss: 0.6485
Targets:
TP1: 0.6090
TP2: 0.5970
TP3: 0.5810
Invalidation:
Close above 0.6485
Why This Setup:
I’m leaning short while price stays below the mid-range resistance and the recent bounce fails to reclaim the prior breakdown area. The chart is still making lower highs, and I want to fade any weak retest into the next leg down.
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