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$CLO | 1h | Bearish Rejection / Range Short
Bias: Short
Entry Zone: 0.1490 to 0.1510
Stop Loss: 0.1565
Targets:
TP1: 0.1450
TP2: 0.1415
TP3: 0.1365
Invalidation:
Close above 0.1565
Why This Setup:
I’m fading the failed push off the recent breakdown, with price now stalling under the 0.1500 area after losing momentum. The structure still favors downside continuation unless buyers reclaim the nearby resistance band with strength.
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