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$IRYS | 1h | Rejection Short
Bias: Short
Entry Zone: 0.0550 to 0.0560
Stop Loss: 0.0590
Targets:
TP1: 0.0520
TP2: 0.0495
TP3: 0.0455
Invalidation:
Close above 0.0590
Why This Setup:
I’m shorting the failed push into the prior supply zone after a sharp impulse and rejection. Price is losing momentum near local support, and I want continuation lower if it can’t reclaim the 0.0560 to 0.0590 area.
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