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$RAVE (4h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.6060 - 0.6115
Targets:
TP1: 0.5978
TP2: 0.5922
TP3: 0.5850
Stop Loss: 0.6178
Why this Setup:
I’m leaning short while price keeps stalling near resistance after failing to build momentum above the 0.61 area. I want to fade the range top for a move back toward the mid-range and prior support, with a stop just beyond the recent swing high.