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$CHZ (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.0278 - 0.0284
Targets:
TP1: 0.0272
TP2: 0.0266
TP3: 0.0258
Stop Loss: 0.0291
Why this Setup:
I still like the downside bias as long as CHZ stays below the recent swing high and keeps rejecting the 0.0280 area. I’m looking for a move back through the local range toward the next support levels, with invalidation above the recent push high.