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$EDEN (1h) - Breakdown Rejection
Bias: Short
Entry (Zone): 0.0880 - 0.0910
Targets:
TP1: 0.0825
TP2: 0.0765
TP3: 0.0705
Stop Loss: 0.0955
Why this Setup:
I see price stalling after a strong impulse into the 0.09 area, and I want to fade the move if this resistance continues to reject. The trend has stretched quickly, so I’m looking for a pullback into prior support levels once momentum starts to cool.