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$FIDA (1H) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.0394 - 0.0400
Targets:
TP1: 0.0376
TP2: 0.0358
TP3: 0.0339
Stop Loss: 0.0413
Why this Setup:
I see price stalling into a local resistance area after the recent bounce, and I want to fade this move while the 1H structure still looks vulnerable to a pullback. I’ll look for weakness near the current highs and expect a move back toward the prior support bands if momentum rolls over.