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$CLO | 1h | Rejection Short
Bias: Short
Entry Zone: 0.2680 to 0.2720
Stop Loss: 0.2795
Targets:
TP1: 0.2600
TP2: 0.2520
TP3: 0.2440
Invalidation:
Close above 0.2795
Why This Setup:
I’m shorting the rejection after the strong rally into resistance near 0.2850. Price is failing to hold above the breakout area, and a break back below the 0.2680 support zone could open a pullback toward prior demand.