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$CLO | 1h | Breakdown Short
Bias: Short
Entry Zone: 0.1800 to 0.1860
Stop Loss: 0.2060
Targets:
TP1: 0.1680
TP2: 0.1560
TP3: 0.1420
Invalidation:
Close above 0.2060
Why This Setup:
I’m looking for a short after the sharp rejection from the 0.28 area and the failure to hold above 0.20. Price is compressing near local support, and a clean breakdown here could extend the pullback toward the prior range lows.