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$CLO (1h) - Bearish Rejection Short
Bias: Short
Entry (Zone): 0.1430 - 0.1465
Targets:
TP1: 0.1360
TP2: 0.1285
TP3: 0.1195
Stop Loss: 0.1555
Why this Setup:
I’m leaning short because price is still failing to reclaim the 0.15 area after a sharp breakdown, and the recent bounce looks more like a weak retest than a true reversal. I want a rejection from this resistance zone so I can target the next support pockets below.