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$XAN | 1h | Rejection Short
Bias: Short
Entry Zone: 0.01148 to 0.01174
Stop Loss: 0.01188
Targets:
TP1: 0.01048
TP2: 0.00992
TP3: 0.00892
Invalidation:
Close above 0.01188
Why This Setup:
I’m fading the parabolic extension into a fresh resistance sweep after a sharp hourly breakout. If price fails to hold above the recent spike high, I expect profit-taking and a fast retrace back into the prior range.
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