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$RE (1h) - Short Breakdown
Bias: Short
Entry (Zone): 0.86 - 0.88
Targets:
TP1: 0.82
TP2: 0.78
TP3: 0.74
Stop Loss: 0.92
Why this Setup:
I’m seeing a clear rejection after the strong impulsive move up, and price is now losing momentum under the local highs. I want to short any weak retest into the 0.86 to 0.88 area, aiming for a rotation back toward the prior support levels if sellers keep control.