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$LYN (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.0548 - 0.0556
Targets:
TP1: 0.0532
TP2: 0.0518
TP3: 0.0502
Stop Loss: 0.0572
Why this Setup:
I’m looking for a short after the sharp move into resistance, since price has already rejected the upper wick area and is struggling to hold above the breakout zone. I want to fade any bounce back into 0.0550 with downside back toward the recent consolidation and prior support.
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