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$ORCA (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 1.50 - 1.56
Targets:
TP1: 1.44
TP2: 1.38
TP3: 1.30
Stop Loss: 1.64
Why this Setup:
I’m looking for a short because price has pushed hard into a supply area and the latest bounce is already showing fading momentum. I want a rejection from this zone with a failure to reclaim the recent highs, which would open the door for a rotation back into the prior support levels.
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