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$BSB | 1h | Rejection Short
Bias: Short
Entry Zone: 0.6880 to 0.7040
Stop Loss: 0.7245
Targets:
TP1: 0.6650
TP2: 0.6480
TP3: 0.6260
Invalidation:
Close above 0.7245
Why This Setup:
I’m fading the upper range after a strong impulsive move, where price is stalling below recent highs and showing signs of distribution. If the rally fails to reclaim the top of the range, I expect a rotation back toward support and the prior breakout area.
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