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$GWEI (1h) - Bearish Rejection Fade
Bias: Short
Entry (Zone): 0.1630 - 0.1665
Targets:
TP1: 0.1570
TP2: 0.1510
TP3: 0.1440
Stop Loss: 0.1718
Why this Setup:
I’m shorting into the recent swing high because the rally has stretched hard and price is now showing hesitation just under resistance. I want to fade any failed push above the current range and look for a move back toward prior support levels if momentum continues to cool.