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$CLO (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.1485 - 0.1500
Targets:
TP1: 0.1455
TP2: 0.1428
TP3: 0.1395
Stop Loss: 0.1539
Why this Setup:
I’m leaning short because price failed to reclaim the 0.15 area after the sharp selloff and is now consolidating below prior support. I want to sell a bounce into resistance and look for continuation toward the recent range lows if momentum stays weak.