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$PLAY (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.1350 - 0.1395
Targets:
TP1: 0.1280
TP2: 0.1210
TP3: 0.1140
Stop Loss: 0.1465
Why this Setup:
I see price stretching into a clear supply area after a sharp impulsive move, and the candles near the highs are showing less follow-through. I want to short a rejection from this resistance pocket and look for a rotation back through the recent breakout levels.