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$LUMIA | 1h | Rejection Short
Bias: Short
Entry Zone: 0.0950 to 0.0975
Stop Loss: 0.1015
Targets:
TP1: 0.0905
TP2: 0.0860
TP3: 0.0795
Invalidation:
Close above 0.1015
Why This Setup:
I see price stalling after a sharp impulsive move into the 0.095-0.100 resistance area, with momentum fading into repeated upper wicks. I’m looking for a rejection or breakdown from this supply zone back toward the prior support cluster.