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$RE (1h) - Bearish Rejection Continuation
Bias: Short
Entry (Zone): 0.835 - 0.855
Targets:
TP1: 0.790
TP2: 0.758
TP3: 0.725
Stop Loss: 0.892
Why this Setup:
I’m looking for a short continuation while price stays below the recent 0.88-0.90 rejection area, with the current bounce still showing weaker follow-through. I want a clean pullback into the 0.835-0.855 zone to sell into, then I’ll target the prior support shelves near 0.79 and 0.76 if momentum stays bearish.