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$AIA (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.0790 - 0.0835
Targets:
TP1: 0.0755
TP2: 0.0720
TP3: 0.0685
Stop Loss: 0.0878
Why this Setup:
I’m looking for a short after the sharp spike and rejection from the 0.0890 area. As long as price keeps failing to reclaim the 0.0830 to 0.0840 zone, I expect a rotation back into the lower support levels around 0.0750 and 0.0720.