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$EDEN (1H) - Bearish Rejection Setup
Bias: Short
Entry (Zone): 0.1180 - 0.1235
Targets:
TP1: 0.1120
TP2: 0.1045
TP3: 0.0960
Stop Loss: 0.1325
Why this Setup:
I’m looking for a short here because price has already pushed hard into resistance and is stalling after a strong impulsive move. I want to fade the first failed breakout and ride a retrace back into the recent support zones if momentum stays weak.