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$FOGO | 1h | Breakdown Retest
Bias: Short
Entry Zone: 0.01220 to 0.01233
Stop Loss: 0.01266
Targets:
TP1: 0.01195
TP2: 0.01172
TP3: 0.01138
Invalidation:
Close above 0.01266
Why This Setup:
I’m seeing a sharp rejection from the 0.0129 area followed by a clean breakdown through intraday support. I want a weak retest into the 0.0122–0.0123 zone, with room for continuation toward the prior lows if sellers keep control.