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$GUA (1H) - Short Rejection
Bias: Short
Entry (Zone): 1.54 - 1.59
Targets:
TP1: 1.46
TP2: 1.38
TP3: 1.30
Stop Loss: 1.66
Why this Setup:
I’m looking for a rejection from the recent overhead supply after the push into the 1.60 area started to lose momentum. Price is still extended on the 1H, and I want a failed reclaim below the local highs to open a rotation back into the prior support levels.
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