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$VELVET | 1h | Breakdown Retest Short
Bias: Short
Entry Zone: 0.11470 to 0.11540
Stop Loss: 0.11830
Targets:
TP1: 0.11195
TP2: 0.11015
TP3: 0.10745
Invalidation:
Close above 0.11830
Why This Setup:
I’m watching a failed recovery under the recent supply zone after a sharp rejection from the 0.123 to 0.129 area. If price loses the 0.1145 to 0.1150 pivot, I expect a continuation move toward the lower range lows with a clean risk-to-reward profile.
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