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$RE | 1H | Breakdown Short
Bias: Short
Entry Zone: 0.4890 to 0.4940
Stop Loss: 0.5055
Targets:
TP1: 0.4770
TP2: 0.4680
TP3: 0.4550
Invalidation:
Close above 0.5055
Why This Setup:
I’m seeing a clear short-term downtrend with repeated lower highs, and the recent bounce is stalling under prior support turned resistance. If price loses the current consolidation, I’m looking for continuation into the next liquidity pockets below.