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$RE | 1h | Short Rejection
Bias: Short
Entry Zone: 0.7600 to 0.7780
Stop Loss: 0.7920
Targets:
TP1: 0.7350
TP2: 0.7050
TP3: 0.6750
Invalidation:
Close above 0.7920
Why This Setup:
I’m watching the sharp impulse into 0.78–0.80 after the breakout, where price is showing rejection and stalling below resistance. If buyers can’t reclaim the highs, I expect a pullback toward the prior breakout base and lower liquidity.