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$ALLO (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.0854 - 0.0862
Targets:
TP1: 0.0840
TP2: 0.0828
TP3: 0.0812
Stop Loss: 0.0878
Why this Setup:
I’m leaning short because price failed to reclaim the recent swing area and is still trading below the prior breakdown zone. I want to sell into a small bounce or on a weak retest, with downside targets back toward the 0.0840 and 0.0830 support levels.
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