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$US (1h) - Momentum Pullback Short
Bias: Short
Entry (Zone): 0.0113 - 0.0116
Targets:
TP1: 0.0107
TP2: 0.0101
TP3: 0.0094
Stop Loss: 0.0121
Why this Setup:
I’m looking for a short after the sharp extension into resistance, since price is showing exhaustion after the breakout run. I want a pullback from this elevated zone, with room for a move back toward the prior support areas if momentum fades.