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$CLO (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.2580 - 0.2685
Targets:
TP1: 0.2440
TP2: 0.2260
TP3: 0.2050
Stop Loss: 0.2765
Why this Setup:
I’m looking to short the extension after the strong impulsive move, as price is stretched into resistance and showing signs of rejection. I want a pullback entry on a failed continuation, with downside targets aligned to the nearest support areas below.