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$JTO (1H) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.692 - 0.707
Targets:
TP1: 0.676
TP2: 0.662
TP3: 0.648
Stop Loss: 0.725
Why this Setup:
I’m looking for a rejection into the nearby resistance area after the recent bounce stalled below the prior swing highs. If price loses momentum here, I expect a rotation back toward the lower liquidity pocket and the last demand area.