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$BICO (1h) - Breakdown Short
Bias: Short
Entry (Zone): 0.0608 - 0.0632
Targets:
TP1: 0.0588
TP2: 0.0569
TP3: 0.0548
Stop Loss: 0.0653
Why this Setup:
I’m looking for a continuation lower after the sharp push up and rejection from the 0.065 area. I want a weak bounce back into the prior breakdown zone before I press the short, with downside room back toward the recent support levels.