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$BEL (1h) - Bearish Pullback
Bias: Short
Entry (Zone): 0.1420 - 0.1460
Targets:
TP1: 0.1380
TP2: 0.1320
TP3: 0.1250
Stop Loss: 0.1555
Why this Setup:
I still see a failed breakout structure with lower highs forming after the sharp rejection, so I want to sell into a bounce while momentum stays weak. I’m looking for continuation back toward the prior support areas if price cannot reclaim the recent breakdown zone.