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$CLO | 1h | Breakdown Rejection Setup
Bias: Short
Entry Zone: 0.2070 to 0.2140
Stop Loss: 0.2235
Targets:
TP1: 0.1950
TP2: 0.1850
TP3: 0.1780
Invalidation:
Close above 0.2235
Why This Setup:
I’m shorting the failed reclaim of the 0.21 area after the sharp bounce and rejection from the 0.24 to 0.30 supply zone. Price is losing momentum back below local support, and a break of the recent lows could extend into the next liquidity pocket.