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$FIDA (1h) - Exhaustion Short
Bias: Short
Entry (Zone): 0.02540 - 0.02620
Targets:
TP1: 0.02300
TP2: 0.02150
TP3: 0.02020
Stop Loss: 0.02720
Why this Setup:
I see a sharp impulsive push into resistance after an extended move, and I’m treating this as a likely exhaustion short. I want a rally back into the 0.0254-0.0262 area to fade the move, with room for a pullback toward the prior support bands if momentum cools off.
Good night
Good night