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$UB (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.1360 - 0.1380
Targets:
TP1: 0.1320
TP2: 0.1280
TP3: 0.1230
Stop Loss: 0.1420
Why this Setup:
I’m looking for a short after the sharp push into resistance and the failed breakout wick. As long as price stays below the recent high area, I expect a rotation back toward the prior support zones where buyers previously stepped in.