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$NIL (1H) - Pullback Short
Bias: Short
Entry (Zone): 0.0795 - 0.0815
Targets:
TP1: 0.0748
TP2: 0.0712
TP3: 0.0660
Stop Loss: 0.0836
Why this Setup:
I’m fading the extended move into resistance after the sharp impulsive push, since momentum looks stretched and I expect a retrace toward the prior breakout areas. I want price to roll over from this upper zone and give me a cleaner short back into the recent consolidation.