$RE | 1h | Bearish Breakdown Setup


Bias: Short
Entry Zone: 0.5750 to 0.5850
Stop Loss: 0.6030
Targets:
TP1: 0.5560
TP2: 0.5400
TP3: 0.5230
Invalidation:
Close above 0.6030
Why This Setup:
I see a clear downtrend with repeated lower highs and failed rebounds into the 0.58-0.60 resistance area. I want to short a weak retest unless price reclaims 0.60 with strength, because that would likely squeeze the setup.
RE-2.05%
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