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$ALLO (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.2660 - 0.2740
Targets:
TP1: 0.2450
TP2: 0.2250
TP3: 0.2000
Stop Loss: 0.2860
Why this Setup:
I’m looking to short into this extended 1h spike after a sharp vertical move and rejection near the recent highs. I want a pullback entry on any failed bounce below the breakout area, with room to target the prior support zones if momentum cools off.