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$VIC (1h) - Short Retracement into Resistance
Bias: Short
Entry (Zone): 0.0406 - 0.0414
Targets:
TP1: 0.0394
TP2: 0.0382
TP3: 0.0370
Stop Loss: 0.0426
Why this Setup:
I see price pushing back into a clear overhead supply zone after a sharp rebound, and I’m treating this as a retracement unless buyers can reclaim higher levels cleanly. I want to fade the move while resistance holds, with downside targets sitting below the recent intraday lows.