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$RE (1h) - Short Rejection Setup
Bias: Short
Entry (Zone): 1.03 - 1.06
Targets:
TP1: 0.98
TP2: 0.94
TP3: 0.90
Stop Loss: 1.10
Why this Setup:
I see price pressing into a clear supply area after a strong impulse, and I want to fade any rejection from this zone. I’m looking for a failed breakout above the recent highs and a move back toward the nearest liquidity below.