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$LIT (1H) - Range Breakdown Short
Bias: Short
Entry (Zone): 1.748 - 1.772
Targets:
TP1: 1.676
TP2: 1.615
TP3: 1.538
Stop Loss: 1.842
Why this Setup:
I see price rejecting the 1.77 area after a strong impulsive move, and I want to fade the move back into the prior range. I’m looking for continuation lower if 1.748 support gives way, with room for a retest of the mid-range and the next demand zone below.