$LAB (1h) - Resistance Rejection Short


Bias: Short
Entry (Zone): 16.30 - 16.55
Targets:
TP1: 15.80
TP2: 15.20
TP3: 14.50
Stop Loss: 17.20
Why this Setup:
I’m shorting into the rejection from the 16.8-17.0 supply area after the recent push and failed continuation. I want a pullback toward the prior support bands at 15.8 and 15.2, with room for extension if the bounce fully loses momentum.
LAB7.98%
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